Reportlinker Adds US Electronic Bill Presentment and Payment Industry
NEW YORK, Oct. 4 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
US Electronic Bill Presentment and Payment Industry
http://www.reportlinker.com/p0305119/US-Electronic-Bill-Presentment-and-Payment-Industry.html
This report analyzes the US market for Electronic Bill Presentment and Payment in US$ Billion. Annual estimates and forecasts are provided for the period 2006 through 2015. The report profiles 69 companies including many key and niche players such as Bottomline Technologies, Inc., CSG Systems International, Inc., Discover Financial Services, MasterCard, PayPal, Inc., Fiserv, Inc., Jack Henry & Associates, Metavante Corporation, Online Resources Corp., and Visa, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.
ELECTRONIC BILL PRESENTMENT AND PAYMENT MCP-1846
A US MARKET REPORT
CONTENTS
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITION
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-3
Quantitative Techniques & Analytics I-3
Product Definition I-3
II. A US MARKET REPORT
1. INDUSTRY OVERVIEW II-1
Financial Services Industry Goes Through Turbulent Times II-1
Payments Market: The 'Savior' of Financial Services Sector II-1
Electronics and Card Payments Market: Global Scenario II-1
Table 1: Global Electronic Payments Market (2008): Percentage
Share Breakdown of Electronic Payments by Major Countries
(includes corresponding Graph/Chart) II-2
Table 2: Non-Cash Payments Per Capita in Developed Regions
(2007) (includes corresponding Graph/Chart) II-2
Prevailing Trends in the Global Payments Market II-3
Industry and Regulatory Scenario in Select Regions II-3
2. EBPP MARKET OVERVIEW II-4
EBPP: A Curtain Raiser II-4
Electronic Bill Presentment & Payment Market: A Snapshot II-4
E Billing and Payments Systems Gain Traction II-4
Paper Bills Edged Aside by E-Bills II-5
Major Growth Drivers II-5
Convenience II-5
Growth of Internet II-5
Surge in Financial Transactions II-6
Impediments to Wider Adoption of EBPP II-6
Well-Targeted Promotional Activities to Foster Adoption of E-Payment Technology II-6
Key Considerations for Successful Implementation of EBPP II-7
Telecommunications Industry: An Emerging Application Area for EBPP II-8
Greater Need for Common Standards for Wider Adoption of EBPP II-8
Role of EBPP in Mobile Communications II-8
EBPP: Not a Complete Replacement for Paper II-9
3. US MARKET PERSPECTIVE II-10
Outlook II-10
US Households - Early Adopters of EBPP II-10
Table 3: US Recent Past, Current & Future Analysis for Electronic Billing Presentment and Payment (EBPP) Market - Annual Number of Households (in Million) Remitting Bills Online for Years 2006 through 2015 (includes corresponding Graph/Chart) II-10
Popular Bill Presentment and Payment Models in Review II-10
Consolidator Bill Presentment Model to Outstrip Biller-direct II-10
Multiple Payment Options At Consumer Disposal II-11
Electronic Payments Outstrip Check Payments II-11
Table 4: Non-Cash Payments in the US (2004 & 2007): Percentage Breakdown by Mode of Payment - Check, and Electronic Payments (Debit and Credit Cards, ACH, and EBT) (includes corresponding Graph/Chart) II-12
Electronic Billing - A Greener Alternative II-12
EBPP Gaining Ground in Utility Sector II-12
Table 5: US Recent Past, Current and Future Analysis for Electronic Bill Presentment and Payment (EBPP) in the Electric Utility Sector: Annual Revenues in US$ Billion for Years 2007 through 2015 (includes corresponding Graph/Chart) II-13
Table 6: US Historic Review for Electric Utility Electronic Bill Presentment and Payment (EBPP) Market: Annual Revenues in US$ Billion for Years 2001 through 2006 (includes corresponding Graph/Chart) II-13
4. EBPP - THE SERVICE OVERVIEW II-14
Introduction to EBPP II-14
Benefits of EBPP from End-User/Customer's Perspective II-14
Benefits of EBPP from Biller's Perspective II-14
Benefits of EBPP to Banks and Remittance Processors II-15
Components of EBPP II-15
Electronic Bill Presentment II-15
Push Method II-15
Pull Method II-16
Multi-Channel Method II-16
Electronic Bill Payment II-16
Electronic Bill Posting II-16
Parties Involved in Implementing EBPP II-16
Billers II-16
End-users/Consumers II-17
Bill Consolidator II-17
Banks / Financial Institutions II-17
Agents/Intermediaries II-17
Biller Payment Provider II-17
Biller Service Provider II-17
Customer Service Provider II-17
Customer's Payments Provider II-17
Effectiveness of Billing and Payment Processes II-18
Typical Business-to-Consumer (B2C) Bill Presentment Models II-18
Biller-Direct/ Direct EBPP II-18
Advantages II-18
Disadvantages II-18
Perquisites For Implementing Biller-direct EBPP Solution II-19
Consolidator Model II-19
Advantages II-19
Disadvantages II-19
Variations of Consolidator Model II-20
Thin Consolidator II-20
Thick Consolidator II-20
Personal Consolidator II-20
Biller-direct Managed Services Provider (MSP) Model II-21
Similarities in MSP and Thick Consolidator Models II-21
Distinct Features of Biller-Direct MSP Model II-21
Bill Presentment Models - Comparison on Select Parameters II-22
Consumer-to-Business (C2B) Payment Choices II-23
Typical C2B Bill Payment Models II-23
Direct Model II-23
Indirect Model II-23
Exposition of Different Payment Instruments II-23
Automated Clearing House (ACH) II-23
Credit Cards II-23
Debit Cards II-24
Checks II-24
5. PRODUCT/SERVICE LAUNCHES II-25
CircleUp Unveils SmartPay II-25
Yes Bank to Launch "Pay Anyone" Mobile Payment Solution II-25
Mi-Pay Introduces "Saraf-Mobile" Money Transmission Service in Sudan with Isys II-25
CTI Group Launches Electronic Billing and Invoice Management Solutions II-26
Australia and New Zealand Banking Group Rolls Out Mobile Phone Banking Service in Cambodia II-26
Deutsche Bank to Launch Mobile Phone Payments Services II-26
MTN to Introduce Mobile Banking Service II-26
Standard Chartered India to Roll Out IVR-Based Mobile Payments Service II-26
eTranzact to Unveil New Electronic Payment System II-27
Tata Teleservices Introduces SMS-based Mobile Payments Service II-27
Carphone Warehouse to Roll Out Mobile Payment Service II-27
SafPay Unveils Virtucard II-27
Denarii Payments Introduces SizzleMoney® Mobile Payment System II-28
Dimoco Introduces New Mobile Payment Service, 12Pay II-28
MajescoMastek Introduces STG EBPP Module II-28
Blaze Mobile Rolls Out Blaze Mobile MasterCard PayPass Mobile Payment Sticker II-28
Mi-Pay to Introduce Mobile International Remittance Service in Sierra Leone II-29
Toshiba Releases Universal SIM Card II-29
sQuid and Ingenico Release sQuid Application On Ingenico Devices II-29
M2 Global Launches AcqENGIN Online Payment Service II-29
Carrefour France to Unveil NFC Mobile Payments Trials II-30
Barclays to Unveil Contactless Debit Card II-30
Billtrust Unveils EasyImport 2.0 II-30
IPayX Introduces eCareview Healthcare Billing Portal(SM) II-31
Chongqing Yucheng Transportation Card and China Unicom Launch CQpass II-31
WestFax Introduces Online Invoice Payment System II-31
Sermepa and Telefonica Implement NFC Technology in Mobile Payment Solution II-31
Regulus Group Unveils Expanded Regulus ePayments Suite II-32
Internet Payment Exchange Unveils Check Intercept II-32
Sprint Launches MyMoneyManager II-32
Global Payments Releases Global MobilePay™ II-33
Visa Unveils New Mobile Payment Programs II-33
PSC Info Group Unveils PAYMENTExpress II-34
Amazon Unveils Checkout By Amazon and Amazon Simple Pay II-34
ANZ and Visa Unveil ANZ Stadium Visa PayWave Card II-35
SBI to Introduce Mobile Banking Services II-35
mPay, Polkomtel and Citi Handlowy Collaborate to Unveil an Innovative Mobile Payment Solution II-35
Dialogue Expands its Service Portfolio with New Mobile Payments Solution II-35
Vodafone and O2 Introduce New Mobile Payment Solution II-36
Citi Releases Electronic Payment Solution II-36
Myriad and Jack Henry & Associates Unveil Automated Payment Solution II-37
Fiserv Unveils CheckFree Biller Direct HV™ II-37
Union Bank of California to Unveil Contactless Payment Technology II-37
MasterCard Unveils MasterCard PayPass Petrovis Petrol Credit Card in Mongolia II-37
99Bill Introduces New Credit Card Bill Payment Services In China II-38
Vodafone Unveils M-Paisa in Afghanistan II-38
The Bank of Ghana Unveils e-Zwich II-38
NCR and VivOtech Launch Line of Contactless and Mobile Payment Terminals II-39
Billtrust Releases Invoice Gateway II-39
Net1 UEPS Technologies Unveils UEPS in Iraq II-39
Smart Technology Introduces G8way EFT Payment Service II-39
Smart Card Alliance Launches Contactless and Mobile Payments Tools II-40
ING Releases Its NFC Mobile Payments Trial in Romania II-40
VeriFone Releases Contactless Version of PINpad 1000SE II-40
HSBC and Visa Unveil Debit Visa PayWave in Middle East II-41
Nucleus to Unveil sQuid in India II-41
Advanced mPAY to Roll out Contactless Payment Service II-41
Octopus, Citibank Form Alliance to Offer Octopus Citibank Credit Card II-41
Pitney to Introduce EngageOne Interactive Communications II-41
PSC Releases PAYMENTExpress II-42
Renesas, OTI Develop Contactless Microcontroller Product II-42
SEC Releases E-Dividend Payment System II-42
Texas Instruments Introduces Very Slim Contactless Payment Chip II-43
ViVOtech Unveils ViVOpay Kiosk II II-43
Washington Mutual Roll out WaMu Debit MasterCard II-43
HLB Introduces EPF E-Payment Services II-43
BizzEnergy Unveils Online Electricity Bills Management Facility II-44
NWP Services Corporation Introduces eBill Solution II-44
UK Banks to Launch Faster Payments Service II-44
GTA Teleguam Launches Online Bill Payment Service II-44
Fiserv Launches CheckFree PaymentView™ Solution II-44
Mobilians Extends PhoneBill Service to NHN USA II-45
PaySimple Launches PaySimple 2.0 II-45
Pitney Bowes Group 1 Software Launches Advanced Version of e2™ Account Management Suite II-46
Celcom Partners with paybox to Unveil Mobile Banking and Payment Solution II-46
SmartPay Introduces Utility Bills Payment Service, Mobile-Wallet II-46
Paybox and ICSL to Introduce New Savings and Payment System II-46
paybox Unveils Fourth Generation Mobiliser Platform with SOA and SDP II-47
Vodafone and o2 Launch mpass, paybox Mobiliser Platform-based Payment System II-47
Vodafone Introduces Online Billing II-48
PayPal to Launch Developer Central Portal, Kits for Developers to Build Businesses II-48
PayPal Launches Website Payments Pro II-48
AT&T Unveils Enhanced eBill Service II-49
6. RECENT INDUSTRY ACTIVITY II-50
MasterCard Purchases Orbiscom II-50
EOS Group Acquires 100% Stake in EOS Payment Solutions II-50
Sybase Concludes Acquisition of paybox Solutions II-50
Tier Technologies Acquires Controlling Stake in ChoicePay II-51
Investcorp to Sell Moneybookers II-51
ProfitPoint Purchases Merchant Portfolio of ePayment Consultants II-51
Accountis Europe Takes Over InterSoftware II-51
Fidelity National to Acquire Metavante II-52
Smartlink Partners with MasterCard to Launch Online Payment Portal II-52
WorkCompEDI Signs Agreement with Aon eSolutions II-52
Tata Teleservices Enters into Partnership with mChek II-53
Swisscom IT Services Ink Agreement with OB10 II-53
Cubic Enters into an Exclusive Licensing Pact with VIVOtech II-53
elcell Forges Alliance with AzeriCard II-54
Oi Enters into a Partnership Agreement with Braspag II-54
GBC Chooses Hypercom's Payment Terminals for Expanding Electronic Payments II-54
Textura Enters into a Agreement with CMiC II-55
Sagem Orga Extends its Partnership with Thames Card Technology for EMV Payment Card Solutions II-55
Ukash Sign Deal with UATP to Allow Online Payment of Flight Charges II-55
Online Resources Signs Reseller Agreement with KeyBank for its KeyPay® Biller-Direct Payment Services II-56
Diners Club Ink Multi-Year Acquisition Deal with SIX Multipay Diners II-56
Hotnet Partners with GoldenPay II-56
Nokia Invests in Obopay II-57
ChronoPay Announces Partnership with Payvision II-57
Rixty Partners with Coinstar for e-Payment Service II-57
Active Data Signs Partnership Agreement with Sorriso II-57
Inside and First Data Sign 3-Year Agreement for Contactless Payment Stickers II-58
Milli Kart Partners with 2 Local Banks and GoldenPay to Launch Online Payment Services for Goods and Services II-58
Ctrip and Alipay Collaborate to Launch e-payment Services for Air Tickets II-58
Visa Europe to Empower Retailers with payWave Terminals II-58
Smart Technology Solutions and Tailwind Solutions Partner to Offer Innovative Contactless Payment Technology II-58
Barclaycard and Orange Partner for Contactless Mobile Payment II-59
Elemica Forms Alliance with Basware II-59
Fiserv Renames CheckFree as Fiserv II-59
Macalla and ITS Bags Contract from Saudi Telecom Co. II-59
NETS Forms Alliance with Rasa II-60
Striata Establishes Branch in Hong Kong II-60
Verizon Communications Extends Existing Contract with Fiserv II-60
Gemalto and mChek to Offer Mobile Payment Services in South Asia II-60
ICICI Bank Enters into Partnership with BSNL II-61
iPay Technologies and Vantage Credit Union Establish an Alliance II-61
Kabira Technologies and Jet Infosystems Deploy Web-Enabled Automated Bill Payment System II-61
Kasikornbank Partners with Venyon II-61
ICICI and Indian Bank Offer Online Bill Payment Service to its Chennai Customers II-62
ECHO Health Chooses OptumHealth's Electronic Payments and Statements Solutions II-62
Paymo Teams Up with Hi5 II-62
PayPal Partners with GlobalPlatform II-63
Output Services Group Takes over Krawen Inc. II-63
Belgacom Group to Innovate Novel Applications for Mobile Payment II-63
Belgacom Acquires Mobile-for II-63
Goldleaf Purchases Alogent Corp. II-63
Lipsky& Associates Takes over Douglas-Michaels II-64
Tanla Acquires Controlling Stake in Openbit II-64
TransferOrbit Concludes Acquisition of Bill Payment and Mobile Money Transfer Platform of FonWallet II-64
Advent to Take Over Card Processing Division of Experian II-65
BuscaPe Acquires Majority Stake in Pagamento Digital II-65
Allstate and Fiserv Collaborate to Introduce Online Bill Payments II-65
Zions Selects mFoundry's Financial Services Platform for Mobile Payments & Banking II-65
Blue Label Telecoms Sign 3-Year Agreement with SPAR II-66
CSG Acquires DataProse II-66
Essar Communications Acquires Strategic Interest in Obopay II-66
Hypercom Acquires e-Transactions Business Line of Thales II-66
eBay Acquires Bill Me Later II-67
Emdeon Completes Acquisition of Patient Statement Business of GE Healthcare II-67
ePayments Acquires ACH II-67
Global Payments to Take Over ZAO UCS II-68
Kofax Acquires OptiInvoice II-68
INSIDE Ties Up with American Banknote to Develop Contactless Payment Card II-68
Kilpatrick Selects eBillingHub® to Provide Electronic Billing Solutions II-68
North American Bancard Creates its New Alliance Division II-69
M2 Global Sign Agreement to Acquire FirstPay II-69
The City of Tallahassee Selects Striata for EBPP Services II-69
INSIDE Contactless Joins Hands with Advanced Card Technologies Canada II-70
OAO RBC Information Systems Snaps Up Rupay e-Payment System II-70
MyECheck Enters into Agreement with TRANSFIRST II-70
Fundtech Purchases Accountis II-70
Alliance Data Inks Extension Agreement with Austin City II-70
Global Payments to Form Joint Venture with HSBC II-71
LinQpay Inks Joint Venture Agreement with Internet Payment Solutions II-71
Fidelity National Information Services Inks Partnership Agreement with Digital Insight II-71
SK Telecom Inks Joint Venture Agreement with Citigroup II-72
PayPal and mFoundry Sign Mobile Payment Services Agreement with Sprint II-72
ACE Cash Express Deploys Online Resources' Bill Payment Solutions II-72
ABM Amro Deploys PayMate Mobile Payment Solutions II-73
EFT Canada Cancels Proposed Take-Over of Secure Payment Systems II-73
eTELCHARGE.com to Acquire PaymentOne II-73
Payup Holding BV Acquires New Omaha Holdings LP II-73
Essar Group Snaps Up Obopay II-74
CardWorks Acquires Solidus Networks II-74
Heartland Payment Systems Takes-Over Collective Point of Sale Solutions II-74
Ingenico to Take-Over Hypercom II-74
U.S. Bancorp Acquires Southern DataComm II-74
Microsoft Takes-Over Oxigen Services India II-74
Alipay.com Announces Strategic Partnership with Beijing Lakala Billing Services II-74
Central Tax Acquires ePayment Division of CGI Group II-75
Barclaycard Deploys Contactless Payment Technology in its Platinum Cards II-75
Alipay and Lakala Enter into Partnership for Online Payment Solution II-75
CPI Card and Inside Contactless Enters into Partnership to Offer Open-Loop Payments II-75
IBM Bags Contract from Railway-Integrated -Agency II-76
Dialog Infuses a Sum of RM 3.75 Million in Electronic- Payment Technology II-76
Direct Contact, Mobile Wallet, E-port and OSMP Merge into OE Investments II-76
PayUp to Expand Business Operations in Romania II-76
3i Infotech Establishes New Subsidiary Unit II-76
Electronic Payment Providers Enters into Agreement with Express Bill Pay II-77
FiCentive and Encompass Communications Enter into Agreement II-77
Foley Hoag Selects Electronic Billing Products of eBillingHub® II-77
Nokia and Visa to Offer Payment Services II-77
Obopay Enters into Alliance with Grameen II-78
Obopay India Partners with Tagit II-78
PayByCash and Mobillcash Enter into Partnership II-78
IDBI Teams up with PayMate II-78
Postillion and Yodlee® Enter Partnership to Deliver Combined Solutions II-78
ViVOtech and paybox Enter into Partnership II-79
Masary Egypt Selects paybox to Deliver Money Transfer and Mobile Payment Services II-79
Globe Telecom and paybox Team-Up II-79
sevenload Chooses ClickandBuy to promote its High-Quality Online Services II-79
hi5 Selects ClickandBuy as a Global Payment Partner II-79
Bremer Bank Opts for Fiserv's CheckFree Small Business Solution II-80
Umpqua Bank Partners with Fiserv II-80
Union Savings Bank Chooses Fiserv's Online Banking and Bill Pay Solution II-80
Brink's Home Security Signs Strategic Contract with DataProse II-80
Amdocs to Provide Business and Operational Support Products to Comcast II-81
Amdocs to Provide Billing Software Solution to debitel II-81
True Corporation to Upgrade to Amdocs CES 7.5 Billing Software II-81
BendBroadband Chooses Amdocs' Platform for Triple Play Offering II-81
Online Resources Enters into Service Agreement with Delta Community Credit Union II-82
Online Resources Signs Service Contract with ACE Cash Express II-82
Online Resources Signs Service Agreement with DolEx Dolla Express II-82
Visa Join Forces with Google II-83
7. FOCUS ON SELECT MAJOR PLAYERS II-84
Bottomline Technologies, Inc. (US) II-84
CSG Systems International, Inc. (US) II-84
Discover Financial Services (US) II-84
MasterCard (US) II-85
PayPal, Inc. II-85
Fiserv, Inc. II-85
Jack Henry & Associates (US) II-85
Metavante Corporation II-86
Online Resources Corp. II-86
Visa, Inc. (US) II-86
III. COMPETITIVE LANDSCAPE
Total Companies Profiled: 69 (including Divisions/Subsidiaries - 73)
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Region/Country Players
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The United States 36
Europe 16
France 1
The United Kingdom 8
Rest of Europe 7
Asia-Pacific (Excluding Japan) 18
Latin America 1
Africa 1
Middle East 1
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To order this report:
Credit Card Industry: US Electronic Bill Presentment and Payment Industry
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