Question 1
A many-to-one solution which allows collection of payment on behalf of other organizations is called:
e-collect
e-payment
e-post
Direct Post
Explanation
e-Payment is a smart option for businesses and organizations to collect their bills and other payments through the Post Office network. When businesses require collection of bills and payments from customers across the country, the Post Office offers a simple and convenient solution in the form of e-Payment.
e-Payment is a many-to-one solution which allows collection of money (telephone bills, electricity bills, examination fee, taxes, university fee, school fee, etc.) on behalf of any organization. The collection is consolidated electronically using web-based software, and payment is made centrally through cheque from a specified Post Office of the biller’s choice.
