Digital invoice eBill cracks 50 million mark

Digital invoicing is on the rise and appears to be enjoying increasing popularity. In 2021, more than 50 million transactions were made via eBill for the first time, according to SIX, which operates the infrastructure for processing digital. Banks Around 100 Swiss banks offer eBill to their customers. With around 2.5 million users, the digital bill now reaches a good half of all Swiss households, according to the statement. The payment of a bill takes place in online banking with one click or can be automated if desired. Incoming bills are therefore not lost and can be accessed at any time in online banking.

More and more companies are turning to digital invoicing

Business customers are also benefiting from the advantages of digital invoice processing. They are also increasingly switching their invoicing to eBill. More than 4,000 well-known companies already send their invoices via eBill and thus directly into their customers' online banking. Thus, all leading telecommunication providers, health insurances, energy providers, transport companies, public administrations and credit card providers already rely on eBill. And more providers are joining every month.

Further innovations announced

This year, further innovations for eBill are on the horizon. For example, it will be possible for companies to not only send invoices via eBill with their business software, but also to receive and process them directly without media discontinuity. This will create a significant efficiency advantage over conventional methods, from which SMEs in particular are likely to benefit. Foundations and donation organizations will also be able to use eBill to collect their donations from autumn 2022, in a way that is very transparent, secure and convenient for donors. SIX describes this as another important step towards the full digitalization of accounting in Switzerland.

More info at: www.eBill.ch and www.einfach-zahlen.ch