Few amongst us can surely boast to be digitally-savvy when it comes to making payments of our utility bills. But the reality is that only a small percentage of bill payments happen digitally. Not just the rural consumers; even for a vast majority of the urban consumers, utility bill payments still remains a tedious chore.
Let us visualise our less tech-savvy parents having to wait for a bus, and travelling for an hour through the traffic to the nearest BOCP (Billers Own Collection Point) to pay their telephone bill. Or worse, imagine our relatives in our village having to travel for hours in the bus to the nearest Taluka office to pay their electricity bill. This visualisation is in fact a sad reality even in this day and age of technological advancement.
So here comes the game changer from NPCI (National Payments Corporation of India) that is all set to change the entire rules of the game with the Bharat Bill Payment System also known as BHARAT BILLPAY. Bharat BillPay is an ecosystem that facilitates bill payment via digital channels like Internet Banking, Website, Mobile App/Banking, and also via physical channels like collection agents, bank branches etc. by allowing the customer to pay their bills at one-destination via their own preferred bank/non-bank channels instead of using various Apps or logging to different websites of billers or travelling to various collection centres.Read More →