Which of the following permits the transmission of a bill, along with payment of that bill, to be conducted over the Internet?
A
financial cybermediary
B
electronic check
C
electronic bill presentment and payment
D
all of the above
Correct Answer: electronic bill presentment and payment
Electronic bill presentment and payment permits the transmission of a bill, along with payment of that bill, to be conducted over the Internet. Electronic Bill Payment & Presentment (EBPP) is a process, which companies use to collect payments via the Internet, direct dial access, Automated Teller Machine (ATM), or other electronic method. Electronic Bill Payment & Presentment is a core component of many financial institutions' online banking offerings.