eBilling is a method of sending bills and collecting electronic payments in which bills are delivered over the Internet and customers can pay electronically.
eBilling generally involves integrating multiple systems including a billing system, banking system, a customer’s bank bill pay system, and an online interface for the eBilling system.
eBilling is most helpful for businesses that send recurring bills to customers.
For example, a utility company charges customers for power bills every month. Each month, the utility company can send an eBill to a customer explaining the month’s charges and offering the ability to pay online.
Benefits Of E-Billing
- 24/7 Available Access. E-billing offers a fast and efficient way to view student account charges. Students and authorized payers can log on at any time of the day or night to view the account and pay bills online.
Privacy and Security. Unlike regular mail, which can be lost or stolen, e-bill notifications are always secure. Obtaining an e-bill requires a student ID number and PIN, and students must authorize others to see the e-bill.
Ease of Tracking Past Activity. It can be tedious tracking old, paper statements. This system allows 12 months of previous statements to be viewed online.
Enhancing Online Services and Communication. E-mail and web-based services have become primary ways of communicating on campus and throughout the world. In addition, several University applications and processes, such as grades and registration, are already done electronically.
Environmental Friendliness. Electronic billing allows both the University and electronic bill recipient to reduce paper usage, which is friendly to the environment and helps to conserve our nation’s forests.