Global Electronic Bill Presentment and Payment (EBPP) Market to Reach 35 Billion Bills by 2026
SAN FRANCISCO, Aug. 5, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electronic Bill Presentment and Payment (EBPP) - Global Market Trajectory & Analytics" .
- SAN FRANCISCO, Aug. 5, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electronic Bill Presentment and Payment (EBPP) - Global Market Trajectory & Analytics" .
- Unlike paper bills and statements that are capable of providing static and one-way communication, electronic bill presentment and payment (EBPP) allows interactive, personalized and real-time delivery of statements and bills.
- Amid the COVID-19 crisis, the global market for Electronic Bill Presentment and Payment (EBPP) estimated at 19.8 Billion Bills in the year 2020, is projected to reach a revised size of 35 Billion Bills by 2026, growing at a CAGR of 9.8% over the analysis period.
- The U.S. Market is Estimated at 6 Billion in 2021, While China is Forecast to Reach 6.5 Billion by 2026
The Electronic Bill Presentment and Payment (EBPP) market in the U.S. is estimated at 6 Billion Bills in the year 2021.