Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

The Appeal of Cash-Based Payment Options

According to a survey conducted by eBillme and Market Platform Dynamics, 64% of small businesses shop and bank online. Convenience and the ability to compare prices make online shopping an attractive option for small business spending. It is important for small businesses to have the ability to monitor and track employee spending and manage credit limits. Many small businesses operate in the world of cash, and do not have access to corporate credit cards or extended lines of credit that are available to larger organizations.

There are cash-based payment options for online checkout, like eBillme, that allow small businesses to buy online and pay securely with available cash in an online bank account. These options do not require any credit or the release of any financial information over the Internet, minimizing the risk of fraud and offering more safeguards and protection. Secure cash transactions initiated using online banking also provide more control over the purchasing process.

Our service works like this: After a purchase is made, an electronic bill (we call it an "eBill") is sent to the buyer, which can be submitted to accounts payable to approve, release the funds, and track. These payment options also have direct integration with accounting software, so all of the purchases and eBills received and paid can be tracked and easily integrated into the overall budget. Small businesses should consider online banking payment alternatives as options to better control their spending and complement their business needs.

Marwan Forzley

President and CEO


Wilmington, Del.

blog comments powered by Disqus