Bill Payment

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Bill Payment

The regular reception of compensation for a repeated service. For example, paying the rent is a form of bill payment because it is done each month.
References in periodicals archive ?
Market Analysis III-1 Outlook III-1 Popular Bill Presentment and Payment Models in Review III-1 Consolidator Bill Presentment Model to Outstrip Biller-Direct III-1 Multiple Payment Options At Consumer Disposal III-1 Electronic Billing - A Greener Alternative III-1 EBPP Gaining Ground in Utility Sector III-2 Recent Industry Activity III-2 Service Launches III-4 Key Players III-6 B.
Buyers also can expect to realize significant time and cost savings from the adoption of EBPP.
com) - is a leading provider of forward-thinking EBPP solutions, including BillMail([R]), the patent-pending, secure email billing platform, and BillerExpress[TM], a suite of EBPP solutions sold by banks to mid-size treasury clients.
SMBs: An Emerging & Lucrative Customer Cluster for EBPP II-15
Banks haven't done a great job marketing EBPP because they're using a one-size-fits-all message.
The City of Tallahassee Selects Striata for EBPP Services II-69
As banks extend and improve their EBPP functionality, how will their offerings begin to resemble holistic, real-time account management services and even advanced personal financial management products, such as Intuit's Quicken and Microsoft's Money?
With 16% of respondents currently using an EBPP service, the study showed 65% get their service from a bank, and 30% use a portal.
All the stakeholders seem to benefit from providing EBPP services in terms of customer loyalty, cross-sell opportunities and generating fee income.
Yodlee's BillDirect is the only EBPP product to leverage the benefits of both the biller direct and consolidator models while delivering the richest bill presentment and unique, transaction-level alerts for monitoring fraud and avoiding overdraft charges and late payments.
Also, the ideal small business EBPP product should include list automation, disbursement functions, and bundled payment processing services.
EBPP can dramatically cut the cost of preparing and presenting bills and payment processing -- representing a significant cost saving opportunity for billers.