EBPP Vendors Rated For Success In $19 Billion Market.PALO ALTO, Calif.--(BUSINESS WIRE)--November 17, 1998-- Electronic Bill Presentment and Payment See EBPP. vendors, including CheckFree, GTE, Integrion, TransPoint, and EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , will compete for a share of a market forecasted to reach $4B in the year 2000 and $19B in the year 2005, according to a new study from Killen & Associates. Twenty-five companies, including banks, billers, third-party processors, bill publishers, and internet portal companies, are measured against Killen's success requirements template. "Few EBPP suppliers are strong in all of the categories we identified," said Bob Goodwin, senior vice president. "Therefore, partnerships, alliances, and acquisitions have been rampant and will continue to play an important role as this market rapidly escalates." The success requirements template highlights ten critical factors that comprehensive EBPP solutions must address. Three of these factors are: vendor's ability to provide access to electronic bills, competence in operating customer service centers for billers and expanding their merchandising, and faculties to set up mega-bill systems with other vendors. Electronic Bill Presentment and Payments: Markets, Framework, and Suppliers (Volume 1 of 3-study set) includes regional and worldwide forecasts for EBPP for 1997, 2000, and 2005. Additional companies profiled in the study include, AOL, CSG Systems, CyberCash, IBS IBS Irritable bowel syndrome, see there , Princeton Telecom, US Postal Service, Canada Post Corporation, AT&T, Con Edison, Forida Power and Light, NUI Corporation, Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. , Hong Kong Telecom, Barclays Bank, Chase Bank, Mellon Bank, Wells Fargo Bank, Sterling Commerce, AMEX AMEX See: American Stock Exchange , GE Credit Corp., American Management Systems American Management Systems (previous NASDAQ symbol: AMSY) was founded in 1970 as a technology and management consulting firm. It was founded by a group of five former United States Department of Defense officials who worked under Robert McNamara in the Kennedy and Johnson , HFN, NYCE See New York Cotton Exchange. NYCE See New York Cotton Exchange (NYCE). , SAP, and Intuit. Killen & Associates is a leading market research and consulting firm whose studies, seminars, and video interviews enable clients in the telecommunications, banking/financial services, and information technology industries to identify business opportunities created by technology advances, public policy changes, and market forces. For additional information, visit Killen & Associates' Web site: http://www.killen.com Press contact: Bob Goodwin at bgood@killen.com, Tel 650/617-6137, Fax 650/617-6140 Client contact: Karl Duffy at karl@killen.com, Tel 650/617-6130, Fax 650/617-6140. |
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