Define and Explain How Electronic Billing Presentment and Payment Systems

question 20

Essay

Define and explain how electronic billing presentment and payment systems (EBPP) systems work. Describe each of the main EBPP business models.

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Definitions:

Cistercian Order

A Catholic religious order of monks and nuns founded in 1098, known for their strict adherence to the Rule of Saint Benedict and for their architectural contributions.

Saint Benedict

A Christian saint, known as the father of Western monasticism, who established the Benedictine Rule in the 6th century.

Gospel Manuscripts

Ancient texts that contain the writings of the four Gospels of the New Testament, often decorated and illuminated in various artistic styles.

Moissac

A commune in France, notable for its Abbey Church of Saint-Pierre, which showcases remarkable Romanesque sculpture and architecture.