In acquiring new EBPP
technology, Litan cautions, "Enterprises should be cautious about adopting disparate applications that later must be patched together.
Key Considerations for Successful Implementation of EBPP
The five-year EBPP
market forecast is based on a survey of more than 68,000 households, Forrester's largest annual consumer survey.
These consumers frequently visit their financial institution website, making them good candidates for cross-sell opportunities -- 76% of the EBPP
users visit their financial institution's Web site at least weekly while only 40% of the non-EBPP
users visit the Web site as often.
CheckFree is working with Collective Dynamics and the other Charter Members to study consumer behavior in the EBPP
market as adoption continues to spread to mainstream consumers," said Roger Johnston, research director at CheckFree.
Revenue -- Financial Service Providers can finally make EBPP
an attractive business opportunity, earning new interchange and finance fee revenue through the use of credit and debit card payments.
In its analysis of electronic bill presentment and payment providers, Barlow Research Associates found very few currently available EBPP
solutions that are applicable to the small business market.
helps billers establish a dynamic and interactive communication channel with their customers.
Insurance, Manufacturing, Government Industries Round Out Top Four EBPP
For a consolidator to offer EBPP
, it must receive detailed billing statements from original billers.
Research Underscores Strong Opportunities for Banks in EBPP
Company to Offer Comprehensive and Personalized Services for EBPP