Malaysia’s e-BX Pushes Internet Billing Concept

By Julian Matthews, Newsbytes.
25 Nov 1999, 12:34 AM CST

“The check is in the Net.” That could be the response companies can expect from tardy customers soon.

Offering an Internet billing solution endorsed by IBM Corp. [NYSE:IBM], e-Business Exchange Pte Ltd (eBX), plans to entirely eliminate paper from billing and payment cycles.

No more hassles with bad checks, misplaced invoices and postal delays. Even reminder notices – and the standard phrase, “please ignore this notice if you have already made payment” may be a thing of the past.
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IBM touts Malaysian Internet e-billing solution

By Julian Matthews

KUALA LUMPUR–IBM has endorsed a homegrown e-billing solution that will dispense with the hassle of writing multiple checks and eliminate paper-based billing and posting.

“e-Business Exchange is one of the first e-billing and payment solution vendors which has broken into new markets and has been very successful. It counts world-class companies like Hong Kong Telecom and United Overseas Bank in Singapore as its major customers,” said Ou Shian Waei, IBM Malaysia country manager.

Ou said Penang-based e-BX exemplified the kind of entrepreneurship that can flourish in Malaysia given the right business environment.

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