Both EIPP and EBPP refer to electronic bill presentment and payment and the term can be used interchangeably. E-invoicing and Ebilling started out as a way to electronically deliver invoices; They’re interchangeable as well. The next phase in payment technology included a way collect payment in addition to electronic invoice delivery. EIPP is sometimes used to describe business to business, or B2B, invoicing and EBPP business to consumer, or B2C, but there’s no hard rule. In fact, historically, you may find more references to EBPP vs EIPP.
Companies that primarily deliver B2B electronic bill presentment and payment solutions to businesses include CenPOS, 3Delta, and Billtrust. The differences in solutions is huge. Contact Christine Speedy for insights.