Bill Payments - Anytime Anywhere

The Bharat Bill Payment System, which got launched in a pilot version, is a game changer for the Indian economy.

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India is poised to provide its citizens with the luxury of an ‘anytime anywhere’ bill payment system. A pilot of this ambitious project was launched on 31 August 2016 with the National Payments Corporation of India (NPCI) as the Bharat Bill Payment Central Unit and 26 banks and non-banking financial services entities initially constituting the Bharat Bill Payment Operating Units (BBPOUs). As the system becomes fully operational, it is envisaged that one can even pay school fees, municipal taxes and utility bills through an integrated platform. To begin with, the pilot project will cover repetitive payments for everyday utility services such as electricity, water, gas, telephone and Direct-to-Home (DTH).

In due course of time, said A.P. Hota, MD and CEO of NPCI, “Bharat Bill Payment System would link all major billers in the country with all their consumers, which will simplify bill presentment and bill payments electronically. Currently, the volume of bills being paid by cash is so large that even if 25% of the bills get paid electronically, impact would be visibly enormous.”

INTEGRATED STRUCTURE