Bill Presentment

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Bill Presentment

A message delivered to a debtor describing what he/she owes a creditor for a given month. Any person who pays his/her regular bills online is eligible for bill presentment. For example, a credit card company may present a bill each month to a card holder. See also: Electronic bill presentment.
References in periodicals archive ?
The Electronic Fund Transfer System (EFTS) is a national project appointed to Benefit by the Central Bank of Bahrain, which will connect all retail banks and community billers in Bahrain and enhance the efficiency of fund transfers and bill presentments and payments.
The e-bill system will provide a single consolidated platform for the straight-through processing of electronic bill presentments and payments.