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Deutsche Bank has entered a partnership with INTTRA, an e-commerce platform for global shipping companies. Starting in the fourth quarter, Parsippany, N.J.-based INTTRA will allow global shippers and their customers to automate inefficient invoicing processes using Deutsche’s electronic invoice presentment and payment (EIPP) service, eBills. There are approximately 150 million invoice transactions a year in the $260 billion ocean container shipping industry, and the average cost per invoice is estimated at $20 to $60. Electronic processing can more than halve that cost, the bank says.

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