CenPOS Illustrates the Benefits of EBPP Invoicing for Merchants and Consumers

By Hector Miranda on November 11, 2011

CenPOS, a fast-­‐growing payment processing technology provider, last week published an online infographic via Twitter (@CenPOS). The inforgraphic, entitled “Who Killed the Paper Bill” illustrates the benefits that CenPOS EBPP provides its clients and their customers. The infographic can be found online: http://www.twitpic.com/7cfth3

Electronic Bill Presentment and Payment (EBPP) is quickly becoming the preferred payment option across a wide range of business segments. The CenPOS EBPP platform reduces the traditional costs associated with paper invoicing and improves cash flow through a faster and more efficient collection process.


Key benefits for merchants include:

  • Reduces processing time and costs of printing and distributing paper bills
  • No integration required.
  • Eliminates cost of postage
  • Reduces undeliverable mail (cost and time wastage/inconvenience)
  • Eliminates need for paper-­‐based storage and retrieval
  • Eliminates paper/payment handling and reduces related staffing costs
  • Increases green credentials and/or perceived awareness
  • Increases security with measurable delivery

CenPOS EBPP is a payment engine that creates and delivers eBills through secure, encrypted emails. Unlike with other EBPP services, consumers are able to pay the invoice directly through the CenPOS-­‐generated eBill window; thereby, making it more convenient and easier to pay for the consumer. EBPP options are gaining popularity with telecommunications providers, academic institutions, non-­‐profit organizations, and professional services (such as medical and legal practices) due to the quick-­‐turn around and low implementation costs.


About CenPOS

http://www.cenpos.com/

“Creating efficiencies through payment innovation”

Founded in 2009, Miami-­‐based CenPOS is a payment technology provider. CenPOS is committed to providing its customers and partners with innovative solutions for today's rapidly evolving consumer payment choices.

CenPOS is an intelligent payment-­‐processing network that streamlines the payment experience for businesses and consumers by using state-­‐of-­‐the-­‐art technology to replace inefficient, outdated payment systems. The network reflects the core values that drive the experienced and innovative CenPOS team: Simplicity, Scalability, Security and a holistic approach to payment processing strategies.

CenPOS provides solutions to a range of organizations including but not limited to retail, card not present merchants, automotive dealers, professional services and academic institutions; special programs are also available for non-­‐profits. Call us: (305) 630-­‐7960, or toll free: (877) 630-­‐7960.

Follow CenPOS on Twitter: @CenPOS

Categories: Express Checkout/EBPP, Payment Systems, Press Releases

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