Definition of Electronic Bill Presentment and Payment (EBPP) transactions in E-Payment
Dimas Raihan Mahardika – 2301909535
Is it Electronic Bill Presentment or Payment? As we have experienced and know in everyday life, a bill is an invoice or bill issued by one company or business field to charge buyers. the amount of payment to be paid. What is EBPP? Similar to the restaurant bill, EBPP translates the bill or invoice in electronic form and sent to the buyer’s bill over the internet. EBPP has become a very proven thing to help the success of many e-Commerce, e-Marketplace and e-Business companies in the world. Because its efficient way can reduce time. Even so, there are some people who see EBPP as an ineffective means. Why is that? Because many legislation and permits must be passed before starting a business with ebpp features, if in Indonesia there must be a banking and OJK permit first. There are too many technical things to go through especially for a startup company that is just getting started.(Legner & Kristin, 2006)
References
Andreef, A., Binmoeller, L.C., Oscar, C., & Boboch, E. (2001). Is it just click away? Electronic Bill Presentment and Payment, 16.
Legner, C., & Kristin, W. (2006). Electronic Bill Presentment and Payment. AIS Electronic Library,13.