Electronic Bill Presentment and Payment
Electronic commerce is evolving far beyond simply ordering goods online or buyer-to-supplier commerce. Advances in technology and online security have positioned the Internet as an efficient and cost-effective delivery channel for companies to present bills to their customers. Electronic billing also creates opportunities to generate additional revenue by cross-selling products and services through a highly targeted one-to-one marketing approach. At the same time, consumers increasingly are turning to electronic payment of bills because of the convenience and enhanced customer service. Read to know the details of Electronic Bill Presentment and Payment.