e-Invoicing or Electronic Bill Presentment and Payment (EBPP) represents the modern and cost-effective way to send invoices and arrange debtor management. FiNBOX integrates the invoice and payment in the online banking environment. Most of the time FiNBOX is used for recurring payments (e.g. utilities and subscriptions). The consumer receives his invoice directly in his online banking environment. He can choose to pay the invoice after it is presented to him after he signed in to his Internet banking.
Betaalvereniging Nederland is involved with various payment products focused on the Dutch market. As such Betaalvereniging defines specifications for integrating FiNBOX in online banking and in bill sending applications (by Billing Service Providers and Senders).
On behalf of Betaalvereniging Nederland Maxcode developed the FiNBOX test tool, which is used by participants to self certify their implementation of the FiNBOX specification.
Furthermore, Maxcode created a centralized extranet application based on Microsoft Sharepoint. This extranet supports the on-going discussions between FiNBOX participants about product improvements, optimizations, and operational issues. The application simplifies secure sharing of documents and other information within the large community of people directly involved with the FiNBOX product nowadays.