The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and payment (EBPP) system for the B2C environment.

Question

Quizplus · Accepted Answer

Both EIPP and EBPP systems involve the electronic exchange of invoices and payments, but the EIPP system is designed for businesses to transact with other businesses while the EBPP system is designed for consumers to transact with businesses. The basic concepts and functions of the two systems are similar, such as invoice delivery, payment options, and automated processing.

The Electronic Invoicing and Payment (EIPP) System for the B2B