Many banks are looking for EBPP providers to facilitate online banking initiatives to boost revenues and increase their own Internet exposure. There are three methods for electronic bill presentment. A second approach is to 'aggregate' the bills at a specific web-site that consumers visit to obtain their bills. Finally, the industry offers a third approach with the consolidation of bills at the consumers' computer desktops. The approach some billers have used to enter the electronic billing market is to make the bill available at the biller's web-site.
Consumers go to the biller's web-site and review their bills.
Some EBPP vendors in the market have proposed consolidating bills at a distinct web-site managed by the vendor. In essence, the bill or bill summary is sent to the intermediary, or consolidator, and consumers go to the web-site of the consolidator to receive many of their bills. It simplifies the process for consumers as they have fewer web sites to visit to view their bills. The biller risks losing direct communication with their consumers as they send the summary bills to the consolidator. The third solution allows the biller to send bills directly to each of their consumers.