A new research document titled, Global Electronic Bill Presentment and Payment Market is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Electronic Bill Presentment and Payment market. AMA recognizes the following companies as the key players in the Global Electronic Bill Presentment and Payment market: IBM (United States), Visa, Inc. (United States), CyberSource Corporation (United States), Bottomline Technologies, Inc. (United States), Communications Data Group (United States), CSG Systems International, Inc. (United States), Discover Financial Services (United States), Enterprise Billing Software Ltd. (Canada), Fiserv, Inc. (United States), Pagero AB (Sweden) and PayPal, Inc. (United States). Global Electronic Bill Presentment and Payment are expected to make a significant contribution to the overall industry, with an estimated market to reach USD Million by 2030.
Stringent Rivalry among the Telecommunication Vendors for Launching Converged Communication Services Which Includes 4g Mobile Network Deployments
is one of the key components driving the development of this market in the following couple of years. "High adoption of biller direct model, with the help of this model, they works great for a biller and its business partners, it does not provide any convenient mechanism for a consumer to view statements and pay bills. The major reason behind the adoption of this model is because this model provides the business opportunity for high customer interaction by allowing the biller to control marketing messages." adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.
A few disruptive trends, however, will have opposing and strong influences on the development of this market and the distribution across players. To provide further guidance on why specific trends will have a high impact and precisely how these trends can be factored into the market trajectory and the strategy planning of players, click to get more details Electronic Bill Presentment and Payment Market Comprehensive Study
One of the key patterns that will drive the development prospects for the Electronic Bill Presentment and Payment amid the anticipated period is the Growing Demand Immediate and Accurate Production of Bills, Statement and Confirmation Notices, and Payment Collection to Corporate Success. The Industry Verticals, such as Auto Insurance, is boosting the Electronic Bill Presentment and Payment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The EBPP Models, such as Consolidator Model {Thick, Thin and Personal}, is boosting the Electronic Bill Presentment and Payment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Bill Payments , such as One-Time Bill Payments, is boosting the Electronic Bill Presentment and Payment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Bill Payment Channels, such as Web-Based, is boosting the Electronic Bill Presentment and Payment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Offerings, such as Infrastructure, is boosting the Electronic Bill Presentment and Payment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Electronic Bill Presentment and Payment market is very focused because of the nearness of many key organizations. The main Players are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
The key target audience considered while formulating the study are as follows: Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Electronic Bill Presentment and Payment Service Providers, Government Regulatory and Research Organizations and End-Use Industries
Available Customization: List of players that can be included in the study on immediate basis are ACI Worldwide (United States), MasterCard (United States), RDM Corporation (Canada) and SIX Payment Services Ltd. (Switzerland).
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electronic Bill Presentment and Payment market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electronic Bill Presentment and Payment market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Electronic Bill Presentment and Payment Service Providers, Government Regulatory and Research Organizations and End-Use Industries. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.