Definition[]
Bill presentment is
| “ | [a]n e-banking service whereby a business submits an electronic bill or invoice directly to the customer's financial institution. The customer can view the bill/invoice on-line and, if desired, pay the bill through an electronic payment.[1] | ” |
References[]
- ↑ FFIEC IT Examination Handbook, E-Banking, Appendix B: Glossary (full-text).