Enrich your Business with the one-stop solution for all recurring payments!
Single point access to all Billers on all payment channels (digital and physical).
Potential to offer new Value Added Services like Online Presentment, Reminders etc.
Expand reach to customers through various channels- both digital and physical.
Admin Portal- Canvas for Consumer Complaint & Dispute Management.
Timely and Guaranteed Settlement & Easier reconciliation.
Revenue Opportunity and low cost/transactions.
Rich Monthly data and lending opportunities on bill payment data (bank).
Standard Interface and Consolidated Reports.
New acquisitions like on-boarding billers, on-boarding agents, buisness correspondents and new entities.
Settlement of all ON-US transactions as per commercial arrangements and settlement of OFF-US transactions through BBPCU.
Handling Customer grievances and disputes for all ON-US & OFF-US Transaction.
VAS: Value Added Services-Providing MIS and Reporting and other services to Biller/Agents/Agent Institution
Compliance with Service level agreements to provide various services and resolution of grievances as per SLAs and TAT
Putting into place a fraud and risk mechanism to ensure that the consumer and the system is not put at a risk.
Settlement Risk: Chief Executive Officer or Chief Risk Officer or Chief Financial Officer are hereby authorized to take necessary decisions with respect to Settlement Risk and towards maintenance of Settlement Guarantee Fund (SGF) and related processes surrounding the same.
2
After recieiving authorisation from RBI, send your initial details to Bharat Bill Payment System team
5
Select the channel that you wish to on-board or the biller that you wish to on-board. Get instant access to Bharat BillPay ecosystem after certification process
6
Get final certification and approval as a BBPOU from RBI post recommendation from NPCI
Check the Pre-requsites
