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(MoneyNewsWire.Net, April 18, 2018 ) Global Electronic Bill Presentment and Payment Market Size Status and Forecast 2022
On the Internet, electronic bill presentment and payment (EBPP) is a process that enables bills to be created, delivered, and paid over the Internet. The service has applications for many industries, from financial service providers to telecommunications companies and utilities.
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Companies Profiled in this report includes: Visa, Inc. (US) , CyberSource Corporation (US), Bottomline Technologies, Inc. (US) , Communications Data Group (US) , CSG Systems International, Inc. (US) , Discover Financial Services (US) , Enterprise jBilling Software Ltd. (Canada) , Fiserv, Inc. (US) , ACI Worldwide (US) , MasterCard (US) , Pagero AB (Sweden), PayPal, Inc., RDM Corporation (Canada) , SIX Payment Services Ltd. (Switzerland)
Implementing the system of EBPP by business establishments automates, streamlines and manages processes that involve payments. The benefits of implementing EBPP technology is that it reduces the time and costs associated with processing by eliminating the need to print and post paper mails, optimize working capital, improves marketing capabilities and be ahead in the competitive environment. Also, the customer service costs tend to drop due to lesser errors in electronic transactions than in paper transactions. Further, EBPP technology enables settling of disputes electronically by presenting interactive bills and eliminating lengthy telephone conversations.
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The increasing use of smart phones with high-speed internet access is the major factor that drives the EBPP market. Mobile internet enables on-the-go access to various payment portals and enables customers to carry out various transactions such as payments using debit card and credit card, online bank transfer and access latest e-bills via e-mails instantaneously. Enterprises are also promoting the use of mobile devices by providing their employees with smart phones and tablets so that they can increase their revenue by boosting employee productivity. The strong penetration of laptops and notebooks, gaining trend of BYOD (Bring Your Own Devices), growth of mobile internet networks and increase in internet enabled smart phones drives the EBPP market.
Table of Content:
Global Electronic Bill Presentment and Payment (EBPP) Market Size, Status and Forecast 2022
1 Industry Overview of Electronic Bill Presentment and Payment (EBPP)
2 Global Electronic Bill Presentment and Payment (EBPP) Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 Visa, Inc. (US)
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Electronic Bill Presentment and Payment (EBPP) Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 CyberSource Corporation (US)
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Electronic Bill Presentment and Payment (EBPP) Revenue (Value) (2012-2017)
3.2.5 Recent Developments
3.3 Bottomline Technologies, Inc. (US)
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Electronic Bill Presentment and Payment (EBPP) Revenue (Value) (2012-2017)
3.3.5 Recent Developments
4 Global Electronic Bill Presentment and Payment (EBPP) Market Size by Type and Application (2012-2017)
5 United States Electronic Bill Presentment and Payment (EBPP) Development Status and Outlook
6 EU Electronic Bill Presentment and Payment (EBPP) Development Status and Outlook
7 Japan Electronic Bill Presentment and Payment (EBPP) Development Status and Outlook
8 China Electronic Bill Presentment and Payment (EBPP) Development Status and Outlook
9 India Electronic Bill Presentment and Payment (EBPP) Development Status and Outlook
10 Southeast Asia Electronic Bill Presentment and Payment (EBPP) Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2017-2022)
12 Electronic Bill Presentment and Payment (EBPP) Market Dynamics
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