The Growth of Electronic Bill Presentment and Payment

Syifa Aurellia Maryanto 2301932701

The Growth of Electronic Bill Presentment and Payment

The growth of electronic bill presentment and payment has largely been delayed by financial organizations, such as banks, due to their refusal to relinquish control over profitable cash management services and disputes over the implementation of uniform security and implementation standards.

Electronic Bill Presentment and Payment is usually applied in a banking institution this will give advantages to both parties, both customers and banking institutions. The advantages of applying Electronic Bill Presentment And Payment services to banks are savings in the cost of printing bills and savings on the cost of sending bills to their customers, reducing the frequency of late payments with timely billing notifications, and providing convenience to their customers in payment, improving the quality and efficiency of service to their customers, while the advantages of Electronic Bill Presentment And Payment to the parties the customer is practical, safe and comfortable in the payment of bills that can be done at any time without having to queue to pay, the payment schedule is controlled by the customer, the status of the bill and payments are easy to know and easy to audit bills and payments for settlement against nonconformities in bills or payments made.

Reference:

https://adoc.pub/queue/bab-iii-tagihan-yang-sebenarnya-electronic-bill-presentment-.html

https://www.researchgate.net/publication/277812859_Electronic_bill_presentment_and_payment

https://core.ac.uk/download/pdf/6793165.pdf