Question

Comcast is advertising a new paperless statement program. With a few clicks of the mouse, you can now get your statements, pay it, and get a receipt. This is one example of retailers offering _____.

a. online purchase programs
b. electronic bill presentment and payment
c. cybermediary payment processing
d. email statement processing

Answer 1

The given excerpt is one example of retailers offering Electronic Bill presentment and payment.

Option - b

Explanation:

Electronic bill payment and presentment (EBPP) is a method used by firms by systems such as the Internet, Personal Access and Automated Platform Machines (ATMs) to collect transactions electronically.

Today in many financial institutions, it has become the key component of internet banking. EBPP services are also the responsibility of the rest of the industries, including health care, telecom, and utility companies.

Two forms of EBPPs are available: the direct biller and the banking aggregator.

Biller-direct is digital billing, provided by the goods or services sold by the company. The company provides the opportunity for customers to pay their bills directly on their website and may inform them of the fee via phone. The user logs into the system via a secure site checks the data on the invoice and inputs the sum of payment.

Answer 2

The correct answer is B that is electronic bill presentment and payment.

Step-by-step explanation:

A company Comcast who is advertising a program where the work is paperless. Everything is done with a few clicks of the mouse which in the mode of electronic and the person or an individual get the statements, get a receipt or pay it.

This is an example of the retailers which are offering the electronic bill presentment and payment.