ELECTRONIC BILL

PRESENTMENT & PAYMENT

By :- Aradhak
 EBPP
 EBPP is essentially paperless billing and
settlement.
 Bills are presented as electronic transactions
that can be viewed, tracked, and settled
electronically through a web browser.
 The system saves billers money by eliminating
costly overnight print runs, saves customers
time by letting them view and pay accounts
online, and creates additional online marketing
opportunities.
 EBPP
 EBPP is equally attractive for individual
consumers and businesses, billers and
recipients.
 The greatest savings from using EBPP rather
than traditional paper billing are certain to be
gained primarily by businesses that generate
massive recurring billings such as utility
telecommunications, and credit card
companies.
How it Works
 Why use EBPP?
 The advantages of EBPP are so compelling that
experts are anticipating an explosive surge in
its use.
 EBPP could save billers as much as $1.00 per
bill.
 EBPP makes it possible to exploit a whole new
communications channel between a biller and a
customer.
 Why use EBPP?
 It accelerates the resolution process.
 Billers can see at any given time where
customers stand in the payment process and
can remind them about discounts they might
be eligible for if they pay their bills on time.
 EBPP also provides new opportunities for
promotions, advertising, cross-selling and up-
selling.
 EBPP Obstacles
 The continued growth of EBPP depends on
overcoming the usual e-business obstacles,
however.
 These include:
 The availability of Internet access devices
 Communication bandwidth
 The maturing of emerging transaction-processing
standards, such as Open Financial Exchange.
 E-Billing Models
EBPP takes at least three basic forms:-
 Single biller Model

 Consolidated billing access from a remote site

 And consolidated billing access from a local

desktop.
 Single Biller Model
 The issuer is fully responsible for setting up
and maintaining the EBPP technology and has
full control of the publishing and payment of e-
bills by its customers.
 Some mid-tier and small-business accounting
suites, allow issuers to send invoices via e-mail
rather than normal mail.
 Consolidated
Billing(Remote)
 Consolidated billing access from a remote site,
requires fewer visits to payment web sites than
the single biller access model and is thus likely
to be more popular with customers.
 These e-bill consolidators include traditional
outsource printers and new Web-based e-
billing services.
 Consolidated Billing
(Desktop)
 Consolidated billing access from a local
desktop, is likely to be the most popular with
consumers because it is a “push" model that
requires little effort on their part.
 This form of e-billing will probably be best
delivered through popular consumer-oriented
desktop finance packages.
THANK YOU