The rising number of internet-enabled smartphones around the world is creating growth opportunities for the global electrical bill presentment and payment (EBPP) market says, Fortune Business insights in a report, titled “Electronic Bill Presentment and Payment“ Market Size, Share And Global Trend By Product (Electronic Bill Presentment, Electronic Bill Payment, Electronic Bill Posting), By Application (Billers, Consumers, Bill Consolidator, Banks & Financial Institutions), By Channel(Application Programming Interface (API), Mobile, Web, Email, IVR, POS, Kiosk), By End Use Industries(BFSI, Insurance, Healthcare) And Geography Forecast Till 2026.” The growing mobile internet networks is contributing positively to the global electronic bill and payment services industry.
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1. By Product
- Electronic Bill Presentment
- Electronic Bill Payment
- Electronic Bill Posting
2. By Application
- Bill Consolidator
- Banks & Financial Institutions
3. By Channel
- Application Programming Interface (API)
4. By End Use Industries
- IT & Telecom
- Media & Entertainment
5. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
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Top Players Overview:
- Bottomline Technologies
- Discover Financial Services
- ACI Worldwide
- Cypher Systems Group (CSG)
- Communications Data Group (CDG)
Consumer Preference for Online Payment Will Benefit Market
Rising adoption of credit and debit cards is one of primary reasons enabling the electronic bill & payment services market growth. Financial institutions and banks are playing a vital role in transforming the payment method system while providing debit cards to all account holders. Electronic bill presentment is also known as e-invoicing, e-billing, and others. The rising number of users using digital payment method is having an outstanding effect on the market.
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Key Market Driver –
- Increased adoption of credit and debit cards
- Growing need to improve customer experience & reduce bill delivery cost
Key Market Restraint –
- Lack of technical awareness and stringent government regulations
Major Table of Content For Electronic Bill Presentment and Payment Market Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Electronic Bill Presentment and Payment Market Market Analysis, Insights and Forecast, 2026
- North America Electronic Bill Presentment and Payment Market Market Analysis, Insights and Forecast, 2026
- Europe Electronic Bill Presentment and Payment Market Market Analysis, Insights and Forecast, 2026
- Asia Pacific Electronic Bill Presentment and Payment Market Market Analysis, Insights and Forecast, 2026
- The Middle East and Africa Electronic Bill Presentment and Payment Market Market Analysis, Insights and Forecast, 2026
- Latin America Electronic Bill Presentment and Payment Market Market Analysis, Insights and Forecast, 2026
- Competitive Landscape
- Company Profile
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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