50.7k views
4 votes
true or fale:With the consolidation/aggregation method of an electronic bill presentment and payment (EBPP) system, a company's bills are posted, along with bills from other companies, to a Web site hosted by a third party. Customers then go to that site to pay bills from a number of companies.

1 Answer

6 votes

Final answer:

The statement is true. In the consolidation/aggregation method of EBPP, bills from various companies are aggregated on a third-party site, allowing customers to make payments for multiple bills in one location.

Step-by-step explanation:

True: The consolidation/aggregation method of an electronic bill presentment and payment (EBPP) system indeed involves a company's bills being posted to a website hosted by a third party. In this model, customers can pay bills from multiple companies on that single third-party website. This method offers convenience for customers as it aggregates various billing statements in one location, minimizing the need to visit multiple sites.

User Theglauber
by
7.9k points