Electronic Bill Presentment and Payment (EBPP) Market 2015-2022 - Global Strategic Business Report 2017 - Research and Markets

DUBLIN, Mar 24, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Electronic Bill Presentment and Payment (EBPP) - Global Strategic Business Report" report to their offering.

This report analyzes the worldwide markets for Electronic Bill Presentment and Payment (EBPP) in number of B2C electronic bills generated. The report provides separate comprehensive analytics for the US, Canada, Europe, Latin America, and Rest of World.

Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

The report profiles 83 companies including many key and niche players such as

• ACI Worldwide (US)
• Bottomline Technologies, Inc. (US)
• Communications Data Group (US)
• CSG Systems International, Inc. (US)
• Discover Financial Services (US)
• ebpSource Limited (UK)
• eBillingHub (US)
• Enterprise jBilling Software Ltd. (Canada)
• Fiserv, Inc. (US)
• FIS (USA)
• Jack Henry & Associates (US)
• Jopari Solutions, Inc. (USA)
• Monitise Group Limited (UK)
• MasterCard (US)
• Pagero AB (Sweden)
• PayPal, Inc.
• RDM Corporation (Canada)
• SIX Payment Services Ltd. (Switzerland)
• Sorriso Technologies, Inc. (US)
• Striata (US)
• Visa, Inc. (US)
• CyberSource Corporation (US)
  

Key Topics Covered:

1. INDUSTRY OVERVIEW

Electronic Bill Presentment & Payment: Strongly Founded on Next Generation Internet Economy
Market Overview
Key Benefits of EBPP Driving Adoption Worldwide
Convenience & Mobility
Increased Savings & Cost-Effectiveness
Streamlined Billing Workflow
Enhanced Transparency
Higher Banking Fees for Conventional Services
Noteworthy Market Trends, Drivers & Challenges
Outsourced EBPP Services Gain in Popularity
Political Focus on Exerting Strong Fiscal Controls to Curb Tax Evasion & Fraud Drives the Emergence of Latin America as the World's Largest Market for E-Billing
The Rise of Customer Self-Service Tilts EBPP Technologies into the Mass Adoption Stage
Intuitive Design of Electronic Bills: Vital to the Success of Bill Presentment
SMS Bill Presentment Soars in Popularity
ATMs Emerge as a Medium of Electronic Payment
SMBs: An Emerging & Lucrative Customer Cluster for EBPP
Convergence of Billing with Customer Analytics Opens a New Window of Opportunity
Launch of e-Bill Adoption Campaigns to Benefit Market Growth
Key Macro Forces Driving Market Growth
Global Efforts to Go Cashless Confers Policy Led Stability to the Growth of Electronic Bill Presentment and Payment Solutions
Rapid Growth in eCommerce & mCommerce Spurs Consumer Appetite for Electronic Payment
Rapid Mobile Broadband Penetration Provides the Platform for Future Growth
Developments in Internet Security: A Prerequisite for the Growth of eBilling & Payment
Increasing Use of Internet Enabled Smartphones Encourages Bill Payment through Mobile Phones
Developments in Mobile Wallet & Payment Apps to Richly Support Growth of Electronic Payments
Growing Focus on Environmental Sustainability to Benefit EBPP
Challenges Impeding Wider Adoption of EBPP
Underdeveloped Internet Infrastructure in Developing Markets
Bandwidth Limitations Limit EBPP Potential
Inherent limitations of SMS System: A Serious Cause of Concern
Lack of Common Standards
Key Considerations for Successful Implementation of EBPP
EBPP: Not a Complete Replacement for Paper
Market Outlook

2. EBPP - THE SERVICE OVERVIEW

Electronic Bill Presentment & Payment (EBPP)
Benefits of EBPP from End-User/Customer's Perspective
Benefits of EBPP from Biller's Perspective
Benefits of EBPP to Banks and Remittance Processors
Components of EBPP
Electronic Bill Presentment
Push Method
Pull Method
Multi-Channel Method
Electronic Bill Payment
Electronic Bill Posting
Parties Involved in Implementing EBPP
Billers
End-users/Consumers
Bill Consolidator
Banks/Financial Institutions
Agents/Intermediaries
Biller Payment Provider
Biller Service Provider
Customer Service Provider
Customer's Payments Provider
Effectiveness of Billing and Payment Processes
Typical Business-to-Consumer (B2C) Bill Presentment Models
Biller-Direct/ Direct EBPP
Advantages
Disadvantages
Perquisites For Implementing Biller-direct EBPP Solution
Consolidator Model
Advantages
Disadvantages
Variations of Consolidator Model
Thin Consolidator
Thick Consolidator
Personal Consolidator
Biller-direct Managed Services Provider (MSP) Model
Similarities in MSP and Thick Consolidator Models
Distinct Features of Biller-Direct MSP Model
Bill Presentment Models
Comparison on Select Parameters
Consumer-to-Business (C2B) Payment Choices
Typical C2B Bill Payment Models
Direct Model
Indirect Model
Exposition of Different Payment Instruments
Automated Clearing House (ACH)
Credit Cards
Debit Cards
Checks

3. PRODUCT/SERVICE LAUNCHES

WaterSmart Software Introduces Electronic Presentment & Payment Solution
Jack Henry & Associates Launches New Electronic Bill Presentment & Payment Solution
MEPS Unveils New Electronic Bill Payment Solution in Jordan
PayFort Introduces Saudi Payments Option
RedFin Launches Web-based EBPP Platform
Soft-ex Communications Introduces Online Bill Presentment & Analytics Solution

4. RECENT INDUSTRY ACTIVITY

AGS Transact Technologies Collaborates with ACI Worldwide
ACI Partners with Turkish Bank UK
ACI Worldwide Partners with VocaLink
ACI Worldwide Collaborates with Raphaels Bank
Invoice Cloud Takes Over Metropolitan Communications
Magyar Telekom Terminates Távszámla EBPP Service and Joins Díjnet
Invoice Cloud Takes Over Majority Stake in ImageVision.net
ebpSource Partners with Infomax Systems Solutions and Services
Consortium of Financial Investors Takes Over Fawry
ACI Worldwide to Acquire PAY.ON
ACI Worldwide Forms Partnership with LD Systems

5. FOCUS ON SELECT PLAYERS IN THE EBPP ECOSYSTEM

ACI Worldwide (US)
Bottomline Technologies, Inc. (US)
Communications Data Group (US)
CSG Systems International, Inc. (US)
Discover Financial Services (US)
ebpSource Limited (UK)
eBillingHub (US)
Enterprise jBilling Software Ltd. (Canada)
Fiserv, Inc. (US)
FIS (USA)
Jack Henry & Associates (US)
Jopari Solutions, Inc. (USA)
Monitise Group Limited (UK)
MasterCard (US)
Pagero AB (Sweden)
PayPal, Inc.
RDM Corporation (Canada)
SIX Payment Services Ltd. (Switzerland)
Sorriso Technologies, Inc. (US)
Striata (US)
Visa, Inc. (US)
CyberSource Corporation (US)

6. GLOBAL MARKET PERSPECTIVE

For more information about this report visit http://www.researchandmarkets.com/research/tt7kbw/electronic_bill

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Laura Wood, Senior Manager
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