What is Electronic Bill Presentment and Bill Payment (EBPP)?
Electronic bill presentment and payment is a process that enables bills to be created, delivered, and paid over the Internet. The service has applications for almost any industry from financial service providers to telecommunications companies to utilities – from large companies to small companies. Up until now, most EBPP programs have been used by large companies to deliver their invoices and request payments over the Internet. The larger companies recognized the benefits that such a program brought to them. Typically, entities such as insurance companies and credit card companies have given their customer the ability to receive and pay their invoices over the Internet. How does the EBPP system work? Electro Billing & Payment Systems, Inc (EBPS) integrates the complete document based Bill Presentment and Payment” (EBPP) system. Imex Systems, Inc (IMEX), an affiliated company, provides the electronic delivery of invoices and application of payments received. IMEX partners with technolo
