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EBPP |
Also found in: Acronyms | 0.06 sec. |
EBPP(Electronic Bill Presentment and Payment) Sending invoices to customers over the Internet. When payment is due, an e-mail is sent with a link to a Web page that contains the billing information and the payment services that are supported. Customers can "click here" to pay bills via the Web payment service they are enrolled with. The Web page can also provide links to more support and information than would normally be included in a paper bill as well as offerings for new services. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The many models of EBPP range from the customer-controlled to the researcher-initiated and controlled. Widespread adoption of EBPP is expected to significantly reduce this time frame. says worldwide revenues of the Internet-based EBPP market jumpd 540 percent in 1999 to $32 million--and they are, expected to escalate at a 100 percent compund annual growth rate through 2004, pushing revenues over the $1 billion mark. |
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