Global Electronic Bill Presentment and Payment (EBPP) Market 2021-2027 - Growing Importance of Customer Experience Leads CSPs to Turn Towards EBPP Solutions

Dublin, April 13, 2021 (GLOBE NEWSWIRE) -- The "Electronic Bill Presentment and Payment (EBPP) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Electronic Bill Presentment and Payment (EBPP) Market to Reach 30.7 Number of Bills in Billion by 2027

Amid the COVID-19 crisis, the global market for Electronic Bill Presentment and Payment (EBPP) estimated at 18.2 Number of Bills in Billion in the year 2020, is projected to reach a revised size of 30.7 Number of Bills in Billion by 2027, growing at a CAGR of 7.8% over the period 2020-2027.

The U.S. Market is Estimated at 5.4 Number of Bills in Billion, While China is Forecast to Grow at 7.3% CAGR

The Electronic Bill Presentment and Payment (EBPP) market in the U.S. is estimated at 5.4 Number of Bills in Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 5.4 Number of Bills in Billion by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

• Electronic Bill Presentment & Payment: Strongly Founded on Next Generation Internet Economy

• Recent Market Activity

• Market Overview

• Key Benefits of EBPP Driving Adoption Worldwide

• EBPP Models

• Market Outlook

2. FOCUS ON SELECT PLAYERS

• ACI Worldwide (USA)

• Bottomline Technologies, Inc. (USA)

• Communications Data Group, Inc. (USA)

• CSG Systems International, Inc. (USA)

• CyberSource Corporation (USA)

• ebpSource Limited (UK)

• eBillingHub (USA)

• Enterprise jBilling Software Ltd. (Canada)

• Fiserv, Inc. (USA)

• FIS (USA)

• Jack Henry & Associates, Inc. (USA)

• Jopari Solutions, Inc. (USA)

• MasterCard (USA)

• Pagero AB (Sweden)

• PayPal, Inc. (USA)

• SIX Payment Services Ltd. (Switzerland)

• Sorriso Technologies, Inc. (USA)

• Striata (USA)

3. MARKET TRENDS & DRIVERS

• Noteworthy Market Trends, Drivers & Challenges

• Outsourced EBPP Services Gain in Popularity

• Political Focus on Exerting Strong Fiscal Controls to Curb Tax Evasion & Fraud Drives the Emergence of Latin America as the World's Largest Market for E-Billing

• The Rise of Customer Self-Service Tilts EBPP Technologies into the Mass Adoption Stage

• Intuitive Design of Electronic Bills: Vital to the Success of Bill Presentment

• SMS Bill Presentment Soars in Popularity

• ATMs Emerge as a Medium of Electronic Payment

• SMBs: An Emerging & Lucrative Customer Cluster for EBPP

• Improving Reconciling, Billing and Payment functions of Business through EBPP

• Mobile Platform Presents a Positive Outlook for Adoption of Electronic Billing

• Convergence of Billing with Customer Analytics Opens a New Window of Opportunity

• Launch of e-Bill Adoption Campaigns to Benefit Market Growth

• The Significance of EBPP Platforms for Making Utility Payments

• Growing Importance of Customer Experience Leads CSPs to Turn Towards EBPP Solutions

• Key Macro Forces Driving Market Growth

• Global Efforts to Go Cashless Confers Policy Led Stability to the Growth of Electronic Bill Presentment and Payment Solutions

• Rapid Growth in eCommerce and mCommerce Spurs Consumer Appetite for Electronic Payment

• Rapid Mobile Broadband Penetration Provides the Platform for Future Growth

• Developments in Internet Security: A Prerequisite for Growth of e-Billing & Payment Market

• Increasing Use of Internet-Enabled Smartphones Encourages Bill Payment through Mobile Phones

• Developments in Mobile Wallet & Payment Apps to Richly Support Growth of Electronic Payments

• Growing Focus on Environmental Sustainability to Benefit EBPP

• Challenges Impeding Wider Adoption of EBPP

• Underdeveloped Internet Infrastructure in Developing Markets

• Bandwidth Limitations Limit EBPP Potential

• Inherent limitations of SMS System: A Cause of Concern

• Lack of Common Standards

• Key Considerations for Successful Implementation of EBPP

• EBPP: Not a Complete Replacement for Paper

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for Electronic Bill Presentment and Payment (EBPP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Number of Bills in Million for Years 2020 through 2027 and % CAGR

• World Historic Review for Electronic Bill Presentment and Payment (EBPP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Number of Bills in Million for Years 2012 through 2019 and % CAGR

• World 15-Year Perspective for Electronic Bill Presentment and Payment (EBPP) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027

III. GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 78

For more information about this report visit https://www.researchandmarkets.com/r/pzo7ft

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