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.