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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: clare@reportlinker.com
US:(339) 368 6001
Intl:+1 339 368 6001

 

 

SOURCE Reportlinker

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