Implementation of Electronic Bill Presentment and Payment (EBPP) transactions in E-Payment

by Dimas Raihan Mahardika – 2301909535

Putting it into practice in the workplace

A common payment technique in the realm of B2C (Business to Consumer) is the Electronic Benefits Payment Program (EBPP). EBPP may either be a direct bill or a bill that is automatically withdrawn, depending on its role and requirements, as I described before. As an example, the University’s SPP payment methods generally require students and students to supply money according to the quantity and price of SPP to be deducted from the University’s account (Bill Payment). The database of the e-Commerce or e-Marketplace will produce a digital invoice for the entire price of products, taxes, and shipping after we’ve selected an appropriate model and size and proceeded to the payment page. The buyer will then go to the payment page and transfer the payments, together with the cost of shipping to the buyer’s location through the internet.

In the last several decades, electronic bill presentation and payment has assisted many small firms and MSMEs, and now tiny online stores on social media are now using bank transfer methods. What’s the reason? Due to the EBPP method’s established efficiency and safety, the payment process is also overseen by government organizations, such as OJK if in Indonesia, which ensures that it is secure.

References

Andreef, A., Binmoeller, L.C., Oscar, C., & Boboch, E. (2001). Is it just a click away? Electronic Bill Presentment and Payment, 16.

Legner, C., & Kristin, W. (2006). Electronic Bill Presentment and Payment. AIS Electronic Library,13.