Digitalization has changed many things, and just like that, carrying cash to pay your bills at the office is now a thing of the past. Carrying cash was not the only issue, managing bill payments manually was time-consuming and prone to errors. Digital systems like NPCI Bharat BillPay Limited have changed the whole game and made it super smooth to pay utility bills online. Therefore, today we are going to shed light on Bharat Connect, formerly named Bharat Bill Payment System (BBPS).
Launched in the year 2017, the BBPS has significantly transformed India’s traditional bill payment system. Let’s start looking into the Bharat Connect System:
What is Bharat Connect?
Understanding BBPS is important to comprehend how digital bill payments work in India without compromising security. The Reserve Bank of India launched BBPS and it has been managed by NPCI (National Payments Corporation of India) since its inception. This system allows us to clear all the utility bills, including water, electricity, gas, DTH, mobile, loan EMIs, broadband, and more, quickly with 100% security. Therefore, you can now pay your monthly bills without actually going to the different designated centers. Isn’t it really convenient?
The exciting part is that Bharat Connect is available both online and offline. The system allows people to pay the bills via websites, bill payment mobile apps, bank ATMs, or by visiting a nearby BBPS-enabled shop. After completing the bill payment, you will get an instant confirmation receipt as a proof of successful transaction.
The Indian government has approved the BBPS system, so it is undoubtedly highly secure and works across India. Today, Bharat Connect supports millions of people in handling their payments in a smarter and faster way.
Features of BBPS
- Consumer-friendly platforms
- End-to-end encrypted platform
- Adheres to the RBI regulatory guidelines
- Allows various payment modes
- Safe, secure, and convenient to pay utility bills
How Does BBPS Work?
The Bharat Connect is designed to connect various billers, such as gas companies or electricity boards, with the payment service providers, such as websites, apps, and banks. The working process of BBPS is simple – once the user fills in the bill details, the system fetches the real-time amount due. The user can choose their preferred mode, like UPI, credit/debit card, net banking, or cash at authorized outlets. At last, the user receives a printed or digital receipt of a successful transaction.
Summary
The Bharat Connect has brought a revolutionary change that is now allowing users to manage their monthly bills digitally and conveniently. The system is designed to make the entire bill payment process simple and easy. In conclusion, BBPS has eliminated the task of managing bills by making it possible to pay in just a few clicks.
If you want to make your utility bills convenient and easy, you can download EG Payment. This application gives assured cashback on every transaction. It is BBPS-Certified, which assures safe and convenient payments.