Electronic Bill Payment & Presentment - EBPP

It’s the fancy way to describe the electronic payment systems you probably use all the time. When you talk to your mom, you might call it “the bank website payment thingie.” When you face a group of prospective investors for your EBPP startup, you call it “Electronic Bill Payment & Presentment.”

The term describes the process used by companies to collect and process payments electronically. When you pay your gas bill online or shell out a $5 bank fee at the ATM, you’re engaging the EBPP.