Final answer:
The statement regarding electronic bill presentment and payment (EBPP) as a B2C system for posting bills and receiving payments online is true. EBPP systems streamline the billing and payment process for both businesses and consumers.
Step-by-step explanation:
The statement is true: An electronic bill presentation and payment (EBPP) system is a B2C system that uses a website to post customer bills and to receive electronic payments. This system facilitates the presentation of bills and the payment thereof over the internet, creating a seamless and efficient method for consumers to manage and pay their bills online. The key components of an EBPP system include electronic bill presentment, which allows customers to view their bills online, and electronic payment processing, which enables them to transfer funds electronically to settle their invoices.