A centralised online payment platform that allows individuals to make multiple bill payments across various services and service providers through a single platform, was launched by the National Payments Corporation of India (NPCI) in 2017, under the aegis of the Reserve Bank of India (RBI), and is regulated by the same. The introduction of Utility Bill Payments API services in the market like Icash, made the payment process simpler & helped users manage their utility bills conveniently.

The One stop destination for Bill Payment Bharat BillPay has multiple modes of payment and provides instant confirmation of payment via an SMS or receipt. It 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

BBPS, you can pay your bill using electronic transfer instead of pay in cash. Hence, it is said to be a big step towards a less-cash society Moreover, Bharat Bill Payment System has a wide variety of payment options. These include cash, credit/debit cards, IMPS, internet banking, NEFT, prepaid card, wallet and UPI.

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