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Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
UML class diagram depicting a invoice. Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment [1] or to present and monitor ...
Online bill pay is an electronic payment service offered by many banks, credit unions and bill-pay services. It allows consumers to make various types of payments through a website or app, such as ...
CDS Global supports paper, electronic, mobile, walk-in and interactive voice response options with: Electronic bill presentment and payment; Lockbox and remittance processing; Online banking and bill payment consolidation; Bill printing and mailing services; Data capture and image archive
November 5, 2013:The purchase of Official Payments Holdings, [23] a seller of electronic bill payment technology that processed about 20 million payments, worth more than $9 billion, annually, was completed. [24] July 21, 2014: An agreement was announced to acquire Retail Decisions (ReD). [25] [26] It was completed on August 12, 2014. [27]
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