Bharat Bill Payments System (BBPS)
The Bharat Bill Payments system is a Reserve Bank of India (RBI) conceptualized system driven by National Payments Corporation of India (NPCI). It is a one-stop payment platform for all bills providing an interoperable and accessible “Anytime Anywhere” bill payment service to all customers across India with certainty, reliability and safety of transactions.
Bharat BillPay a One-stop access: Bharat BillPay has multiple modes of payment and provides instant confirmation of payment via an SMS or receipt. Bharat BillPay offers myriad bill collection categories like electricity, telecom, DTH, gas, water bills etc. through a single window. In future biller, categories may be expanded to include insurance premium, mutual funds, school fees, institution fees, credit cards, local taxes, invoice payments, etc. An effective mechanism for handling consumer complaints has also been put in place to support consumer regarding any bill related problems in Bharat BillPay.
Key Features
- Interoperable
- Cost-effective
- Accessible
- Complaint Management
- Clearing & Settlement
- Standardisation
Category of Billers
- Electricity
- Telecom (Mobile Post-paid, Landline Post-paid and Broadband)
- DTH
- Gas
- Water