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electronic billing (eBilling)

E-billing stands for electronic billing

and refers to the business practice of sending invoices to customers electronically, as opposed to the traditional way of sending invoices by post. E-billing, or e-invoicing, is becoming increasingly important because it involves significantly lower costs for postage, paper and handling, for example. It is also much faster as it can be sent via e-mail services or short message service (SMS). Critical issues are data protection and invoice fraud. The danger with e-billing is that e-mails can be intercepted or falsified.

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Englisch: electronic billing - eBilling
Updated at: 17.04.2012
#Words: 58