Click here to close now.

SYS-CON MEDIA Authors: VictorOps Blog, Tim Hinds, Mike Kavis, Peter Silva, Glenn Rossman

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
VictorOps is making on-call suck less with the only collaborative alert management platform on the market. With easy on-call scheduling management, a real-time incident timeline that gives you contextual relevance around your alerts and powerful reporting features that make post-mortems more effective, VictorOps helps your IT/DevOps team solve problems faster.
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, will discuss why containers should be paired with new architectural practices such as microservices ra...
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been ...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focu...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes ...
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, it is now feasible to create a rich desktop and tuned mobile experience with a single codebase, without compromising performance or usability.
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...
Application metrics, logs, and business KPIs are a goldmine. It’s easy to get started with the ELK stack (Elasticsearch, Logstash and Kibana) – you can see lots of people coming up with impressive dashboards, in less than a day, with no previous experience. Going from proof-of-concept to production tends to be a bit more difficult, unfortunately, and it tends to gobble up our attention, time, and money. In his session at DevOps Summit, Otis Gospodnetić, co-author of Lucene in Action and founder...
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, will explain the best practices of continuous testing at high scale, which is r...
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechanism – which is precisely one of the features of Docker. Microservice architectures are therefore becoming more popular, and are increasingly seen as an interesting option even for smaller projects, instead of bein...
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @Things...
Even as cloud and managed services grow increasingly central to business strategy and performance, challenges remain. The biggest sticking point for companies seeking to capitalize on the cloud is data security. Keeping data safe is an issue in any computing environment, and it has been a focus since the earliest days of the cloud revolution. Understandably so: a lot can go wrong when you allow valuable information to live outside the firewall. Recent revelations about government snooping, along...