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What is (EBPP) System?

EBPP stands for Electronic Bill Presentment and Payment, the process by which companies send their bills (to customers) and receive payments electronically. There are two types of EBPP Models: The Direct Model, whereby a biller delivers the bill to customers through its own website, or through a third-party's website. Consolidator Model, whereby the bills from multiple billers are delivered to a single Web site, to be presented in aggregate to the consumer for viewing and payment.