The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
Electronic Bill Presentment is the electronic transmission of bill detail from businesses to consumers. It includes presentation of information, data analysis, cross selling, up selling, advertising and bill dispute. Electronic Bill Payment is the process of performing electronic payments between the consumer, the biller, and the financial institution.
Currently, there are many players in this market. Kubra, Epost, Microsoft, SAP, Harris Systems, Broadridge, Symcor, Square, Stripe, Payfirma, First Data, Chase Paymentech, Canada Payments, Elavon, and some others are playing important roles in Electronic Bill Presentment and Payment industry. In addition to the geographically unrestricted, fast and convenient advantages of the Internet, a unique advantage of EBPP is that it can bring cost savings and efficiency improvements to all parties. A common paper bill, from production to printing to delivery, requires additional costs, labor and time, and can also produce a variety of errors. If the work is done using the EBPP system, it is automatically generated by the system from the database, and is directly sent by e-mail or published online according to the user information in the database for users to check at any time.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electronic Bill Presentment and Payment (EBPP) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Electronic Bill Presentment and Payment (EBPP) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
First, this report covers the present status and the future prospects of the global Electronic Bill Presentment and Payment (EBPP) market for 2015-2027.
Key Companies
Kurbra
Chase Paymentech
Elavon
First Data
Canada Payments
Epost
Microsoft
SAP
Harris Systems
Broadridge
Symcor
Payfirma
Square
Stripe
At the same time, we classify Electronic Bill Presentment and Payment (EBPP) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
The Direct Biller Model
The Consolidator Model
In 2018, Consolidator Model accounted for a major share of 83% in the Canada Electronic Bill Presentment and Payment (EBPP) market. And this product segment is poised to reach 2887.2 M USD by 2025 from 2134.85 M USD in 2019.
Market by Application
Financial Institutions
Telecommunication
Utility Companies
Other Industries
In Canada Electronic Bill Presentment and Payment (EBPP) market, Utilities segment holds an important share in terms of application, and it is expected to reach 1396.65 M USD by 2025, at a CAGR of 5.71% during 2018 and 2025. It means that Canada Electronic Bill Presentment and Payment (EBPP) will be promising in the Utilities field in the next couple of years.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Electronic Bill Presentment and Payment (EBPP) market for the forecast period 2021 - 2027?
• What are the driving forces in the Electronic Bill Presentment and Payment (EBPP) market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Electronic Bill Presentment and Payment (EBPP) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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