Bharat Bill Payment System BBPS, is an online platform conceptualised by the RBI. This platform was launched to ease the process of paying bills and improving the efficiency and security of bill payment. It has developed a service that incorporates all kinds of bill payment services and is accessible to customers across India. It makes the payment process simple and secure. The service is available for payment of different kinds of bills and incorporates different modes of payment like online payment and payment through a network of agents.
BBPS has a wide variety of payment options like make full, partial, multiple payments. It also gives the user options to choose the mode of payment like Credit/Debit Card, Net Banking, Wallet and UPI. Through this system, you can pay a variety of bills like school fees, university fees, taxes, insurance premiums and so on. It is a step forward to making India less dependent on cash transactions.
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To enjoy the benefits of Bharat Bill Payment System, a customer must register himself. The process is very simple and can be done by physically visiting the nearby BBPS retail outlets or by visiting the online website of BBPS.
For registration, you must provide personal details like Name, Address, Email, Mobile Number and an Identity Proof. On registering you get a customer ID. The customer can visit the retail outlets or the official website to pay bills through BBPS.
The BBPS is a comprehensive payment system that integrates various participants to help establish an efficient payment system. Listed below are the participants of the BBPS:
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The BBPS offers an array of benefits to users. A customer can manage and pay bills under a single system and can access this facility anytime, anywhere. The customer has the option of choosing the mode of payment like online payment via Credit/Debit Card, Net Banking and Wallets and offline payment via Cash, Card and so on. This helps the user in faster settlement of bills. Listed below are some of the benefits of BBPS:
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How to make bill payment digitally via Bharat Bill Pay?
A customer can choose to pay bills online through the BBPS. The BBPS facilitates a plethora of payment modes like Internet Banking, Credit/Debit Card payments, IMPS, UPI, Mobile Wallets and so on. Through the BBPS, transactions can be initiated through Multiple Digital Payment Mode to ease the process of payment.
How do I know that bill has been paid?
Once the bill is paid, the customer will receive a successful transaction status along with BBPS bill receipt in Email or SMS form. The customer gets instant confirmation on successful payment of bills.
Can I pay bill via BHIM App?
To make payments through the BHIM App the user must download the app. Given below are the steps to make payments through the BHIM App:
The BBPS provides the benefit of managing all types of bills at a single location. The customer can use this platform to pay bills on the go and keep a record of all payments. The transactions can be carried out both physically by visiting the BBPS outlets or through online options like net banking and wallets/ card payments.
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