Welcome!

News Feed Item

Global Electronic Bill Presentment and Payment (EBPP) Industry

NEW YORK, Aug. 12, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

 

Global Electronic Bill Presentment and Payment (EBPP) Industry

 

http://www.reportlinker.com/p02284888/Global-Electronic-Bill-Presentment-and-Payment-EBPP-Industry.html

 

This report analyzes the worldwide markets for Electronic Bill Presentment and Payment in number of B2C electronic bills generated. The report provides separate comprehensive analytics for the US, Canada, Europe, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 79 companies including many key and niche players such as -

 

ACI Worldwide

Bottomline Technologies, Inc.

Billentis

Communications Data Group

CSG Systems International, Inc.

 

 

 

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

 

Study Reliability and Reporting Limitations I-1

Disclaimers I-2

Data Interpretation & Reporting Level I-2

Quantitative Techniques & Analytics I-3

Product Definitions and Scope of Study I-3

 

 

II. EXECUTIVE SUMMARY

 

1. MARKET OVERVIEW & TRENDS II-1

Proliferation of Internet Economy: A Fundamental Growth Driver II-1

Opportunity Indicators II-2

Table 1: Number of Internet Users Worldwide (in Million) and

Penetration Percentage for Years 2001, 2011 & 2013 (includes

corresponding Graph/Chart) II-2

 

Table 2: World Internet Economy (2013): Percentage Share

Breakdown of Number of Internet Users by Country (includes

corresponding Graph/Chart) II-2

 

Table 3: Worldwide Internet Penetration Rates (%) by Region:

January 2014 (includes corresponding Graph/Chart) II-3

Rapid Mobile Broadband Penetration Provides the Platform for

Future Growth II-4

Table 4: Global Mobile Broadband Subscriptions (in Million)

in Developed and Developing Countries: January 2014

(includes corresponding Graph/Chart) II-5

 

Table 5: Worldwide Mobile Broadband Penetration Rate (%) by

Region: January 2014 (includes corresponding Graph/Chart) II-5

Developments in Internet Security: A Prerequisite for the

Growth of eBilling II-6

Increasing Use of Internet Enabled Smartphones Encourages Bill

Payment through Mobile Phones II-6

The Rise of Customer Self-Service Infrastructure Bodes Well

for EBPP II-7

Electronic Bill Presentment & Payment (EBPP): Market Overview II-8

Key Statistical Findings II-9

Table 6: Global Non-Cash Transaction Volumes (In Million)

for the Years 2013 & 2015: Breakdown by Type of Transaction

(includes corresponding Graph/Chart) II-9

 

Table 7: Bill Payment Behavior of Internet Connected

Households (2013): Percentage Breakdown of Households by

Preferred Mode of Payment (includes corresponding

Graph/Chart) II-10

 

Table 8: Global Non-Cash Transactions (2013): Percentage

Share Breakdown of Number of Transactions by Geographic

Region (includes corresponding Graph/Chart) II-10

Key Benefits of EBPP Driving Adoption Worldwide II-11

Convenience & Mobility II-11

Increased Savings & Cost-Effectiveness II-11

Streamlined Billing Workflow II-11

Enhanced Transparency II-11

Higher Banking Fees for Conventional Services II-12

e-Billing: Emerges as a Competitive Customer Service Strategy II-12

Growing Focus on Environmental Sustainability to Benefit EBPP II-12

Migration to Paperless Work Environment Spells Opportunities

for e-Billing II-13

Bill Presentment Gains in Prominence II-13

SMS Bill Presentment Soars in Popularity II-14

ATMs Emerge as a Medium of Electronic Payment II-14

SMBs: An Emerging & Lucrative Customer Cluster for EBPP II-15

Convergence of Billing with Customer Analytics Opens a New

Window of Opportunities II-15

Launch of e-Bill Adoption Campaigns to Benefit Market Growth II-16

Challenges Impeding Wider Adoption of EBPP II-17

Underdeveloped Internet Infrastructure in Developing Markets II-17

Bandwidth Limitations Limit EBPP Potential II-17

Inherent limitations of SMS System: A Serious Cause of Concern II-17

Lack of Common Standards II-18

Key Considerations for Successful Implementation of EBPP II-18

EBPP: Not a Complete Replacement for Paper II-19

Market Outlook II-19

 

2. EBPP - THE SERVICE OVERVIEW II-20

Electronic Bill Presentment & Payment (EBPP) II-20

Benefits of EBPP from End-User/Customer's Perspective II-20

Benefits of EBPP from Biller's Perspective II-21

Benefits of EBPP to Banks and Remittance Processors II-21

Components of EBPP II-21

Electronic Bill Presentment II-21

Push Method II-22

Pull Method II-22

Multi-Channel Method II-22

Electronic Bill Payment II-22

Electronic Bill Posting II-22

Parties Involved in Implementing EBPP II-22

Billers II-22

End-users/Consumers II-23

Bill Consolidator II-23

Banks / Financial Institutions II-23

Agents/Intermediaries II-23

Biller Payment Provider II-23

Biller Service Provider II-23

Customer Service Provider II-23

Customer's Payments Provider II-23

Effectiveness of Billing and Payment Processes II-23

Typical Business-to-Consumer (B2C) Bill Presentment Models II-24

Biller-Direct/ Direct EBPP II-24

Advantages II-24

Disadvantages II-24

Perquisites For Implementing Biller-direct EBPP Solution II-24

Consolidator Model II-25

Advantages II-25

Disadvantages II-25

Variations of Consolidator Model II-25

Thin Consolidator II-26

Thick Consolidator II-26

Personal Consolidator II-26

Biller-direct Managed Services Provider (MSP) Model II-26

Similarities in MSP and Thick Consolidator Models II-27

Distinct Features of Biller-Direct MSP Model II-27

Bill Presentment Models - Comparison on Select Parameters II-28

Consumer-to-Business (C2B) Payment Choices II-28

Typical C2B Bill Payment Models II-29

Direct Model II-29

Indirect Model II-29

Exposition of Different Payment Instruments II-29

Automated Clearing House (ACH) II-29

Credit Cards II-29

Debit Cards II-29

Checks II-29

 

3. PRODUCT/SERVICE LAUNCHES II-30

Official Payments Introduces E-Bill Presentment Service II-30

FirsTech Launches Fusion EBPP platform II-30

SmartPay Adds Convenience & Surcharge Fee Options to Its

Payment Solution II-30

Billtrust Unveils Updated Version of Invoice Gateway-EIPP

Platform II-30

TransCentra Unveils New Billing & Payment Solution II-30

PPG Industries Industrial Unveils Electronic Billing Facility

for Its Customers II-30

Migrate Mulls Introduction of E-billing Solutions in Ecuador

and Peru markets II-30

Bank of East Asia Introduces EBPP Services for Corporate

Cyberbanking and Cyberbanking Customers II-31

QuickWater (TAK Technology, Inc.) to Introduce Singular

Payments Powered fully integrated bill presentment & payment

module II-31

UnitedHealthcare Unveils Electronic Bill-Payment Service II-31

BlueKite Unveils Trans-Border Bill Payment Service in Panama,

Nicaragua and Ecuador II-31

BATELCO Introduces eDebit Online Payment System II-31

NIBSS Introduces NIBSS e-BILLLspay and Automated Direct Debit

(ADD) Electronic Bill Payment Systems II-31

Harland Financial Solutions Extends Electronic Funds Transfer

(EFT) Product Portfolio II-31

Western Union Upgrades its Speedpay Electronic Bill Payment

Service II-32

Webster Bank Launches eChecking Account II-32

HDFC Bank Introduces Credit/Debit Card Based Mobile Payment

Service II-32

 

4. RECENT INDUSTRY ACTIVITY II-33

Paymentus Completes Acquisition of Tele-Works, Inc. II-33

Emerging Markets Payments and Madfoo3atCom for Electronic

Payments Secure Order to Develop Jordan's Electronic Bill

Presentment and Payment (EBPP) System II-33

Ingenico Completes Ogone Acquisition II-33

ACI Worldwide Set to Acquire Official Payments II-33

TA Associates Concludes Majority Recapitalization of BluePay

Processing, Inc II-33

IBT and Payveris Enter Into Partnership to Provide Online

Services II-33

Harland Financial Solutions Reports Major Electronic Bill

Presentment and Payment Deals II-33

AvidXchange and Comdata Corporation Enter into Strategic

Partnership II-34

Union Bank Chooses Aliaswire & DirectBiller Platforms for

Banks Total Biller Solution II-34

Bank of America Renews Agreement with Fiserv for EBPP Services II-34

TA Associates Acquires Minority Stake in BillDesk II-34

MasterCard and VersaPay Enter Into an Strategic Alliance

Agreement II-34

BillingTree Enters into partnership With BestBill to Broaden

Payment Options II-34

Blackstone Technology Group Enters Into Partnership with

Pageonce to Extend Pageonce to Utility Companies II-34

SmartPay Reports Addition of Hiway Express Gas Station and Mel

Roth Oil Co Inc. to its Extended Customer Base II-35

ESI Healthcare Business Solutions and InstaMed Enter Into

Partnership to Provide Electronic Healthcare Payment

Solutions II-35

Century Bank to Use Invoice Cloud for Providing EBPP Services II-35

VersaPay and Wave Accounting Partner to Provide Electronic

Payment Services for Wave Payroll II-35

API Partners With NBS to Extend EBPP Service to NBS Customers II-35

Wholesale Carrier Services Renews Contract With IDI Billing

Solutions for CostGuard® and OnlineBill® Solutions II-35

 

5. FOCUS ON SELECT PLAYERS IN THE EBPP ECOSYSTEM II-36

ACI Worldwide (US) II-36

Bottomline Technologies, Inc. (US) II-36

Billentis (Switzerland) II-36

Communications Data Group (US) II-37

CSG Systems International, Inc. (US) II-37

Discover Financial Services (US) II-37

ebpSource Limited (UK) II-38

eBillingHub (US) II-38

Enterprise jBilling Software Ltd. (Canada) II-38

Fiserv, Inc. (US) II-39

FIS (USA) II-39

IDI Billing Solutions (US) II-39

Jack Henry & Associates (US) II-39

Monitise Group Limited (UK) II-40

MasterCard (US) II-40

Oxigen Services India Pvt. Ltd (India) II-40

Pagero AB (Sweden) II-40

PayPal, Inc. II-41

RDM Corporation (Canada) II-41

Sorriso Technologies, Inc. (US) II-41

SIX Payment Services Ltd. (Switzerland) II-41

Visa, Inc. (US) II-41

CyberSource Corporation (US) II-42

 

6. GLOBAL MARKET PERSPECTIVE II-43

Table 9: World Recent Past, Current & Future Analysis for

Electronic Bill Presentment and Payment (EBPP) by Geographic

Region - US, Canada, Europe, and Rest of World Markets

Independently Analyzed with Number of Business-to-Consumer

(B2C) Electronic Bills Generated in Million for the Years 2013

through 2020 (includes corresponding Graph/Chart) II-43

 

Table 10: World Historic Review for Electronic Bill

Presentment and Payment (EBPP) by Geographic Region - US,

Canada, Europe, and Rest of World Markets Independently

Analyzed with Number of Business-to-Consumer (B2C) Electronic

Bills Generated in Million for Years 2006 through 2012

(includes corresponding Graph/Chart) II-44

 

Table 11: World 15-Year Perspective for Electronic Bill

Presentment and Payment (EBPP) by Geographic Region -

Percentage Breakdown of Number of Business-to-Consumer (B2C)

Electronic Bills Generated for US, Canada, Europe, and Rest of

World Markets for Years 2006, 2014 & 2020 (includes

corresponding Graph/Chart) II-45

 

 

III. MARKET

 

1. THE UNITED STATES III-1

A.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.Market Analytics III-10

Table 12: US Recent Past, Current and Future Analysis for

Electronic Bill Presentment and Payment (EBPP): Number of

Business-to- Consumer (B2C) Electronic Bills Generated in

Million for the Years 2013 through 2020 (includes

corresponding Graph/Chart) III-10

 

Table 13: US Historic Review for Electronic Bill Presentment

and Payment (EBPP): Number of Business-to-Consumer (B2C)

Electronic Bills Generated in Million for the Years 2006

through 2012 (includes corresponding Graph/Chart) III-11

 

2. CANADA III-12

A.Market Analysis III-12

Outlook III-12

Recent Industry Activity III-12

Key Players III-12

B.Market Analytics III-13

Table 14: Canada Recent Past, Current and Future Analysis

for Electronic Bill Presentment and Payment (EBPP): Number

of Business-to-Consumer (B2C) Electronic Bills Generated in

Million for the Years 2013 through 2020 (includes

corresponding Graph/Chart) III-13

 

Table 15: Canada Historic Review for Electronic Bill

Presentment and Payment (EBPP): Number of

Business-to-Consumer (B2C) Electronic Bills Generated in

Million for the Years 2006 through 2012 (includes

corresponding Graph/Chart) III-14

 

3. EUROPE III-15

A.Market Analysis III-15

Outlook III-15

Recent Industry Activity III-15

Key Players III-15

B.Market Analytics III-17

Table 16: European Recent Past, Current and Future Analysis

for Electronic Bill Presentment and Payment (EBPP): Number

of Business-to-Consumer (B2C) Electronic Bills Generated in

Million for the Years 2013 through 2020 (includes

corresponding Graph/Chart) III-17

 

Table 17: European Historic Review for Electronic Bill

Presentment and Payment (EBPP): Number of

Business-to-Consumer (B2C) Electronic Bills Generated in

Million for the Years 2006 through 2012 (includes

corresponding Graph/Chart) III-18

 

4. REST OF WORLD III-19

A.Market Analysis III-19

Outlook III-19

Recent Industry Activity III-19

Service Launches III-19

Key Players III-20

B.Market Analytics III-21

Table 18: Rest of World Recent Past, Current and Future

Analysis for Electronic Bill Presentment and Payment (EBPP):

Number of Business-to-Consumer (B2C) Electronic Bills

Generated in Million for the Years 2013 through 2020

(includes corresponding Graph/Chart) III-21

 

Table 19: Rest of World Historic Review for Electronic Bill

Presentment and Payment (EBPP): Number of

Business-to-Consumer (B2C) Electronic Bills Generated in

Million for the Years 2006 through 2012 (includes

corresponding Graph/Chart) III-22

 

 

IV. COMPETITIVE LANDSCAPE

 

Total Companies Profiled: 79 (including Divisions/Subsidiaries - 80)

 

The United States (43)

Canada (3)

Europe (13)

- The United Kingdom (6)

- Rest of Europe (7)

Asia-Pacific (Excluding Japan) (16)

Africa (3)

Middle East (2)

 

 

 

To order this report: Global Electronic Bill Presentment and Payment (EBPP) Industry

http://www.reportlinker.com/p02284888/Global-Electronic-Bill-Presentment-and-Payment-EBPP-Industry.html

Contact Clare: [email protected]
US:(339) 368 6001
Intl:+1 339 368 6001

 

 

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
“Being the one true cloud-agnostic and storage-agnostic software solution, more and more customers are coming to Commvault and saying ' What do you recommend? What's your best practice for implementing cloud?” explained Randy De Meno, Chief Technologist at Commvault, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
"We view the cloud not really as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.