What is Bharat Bill Payment System (BBPS)?

BBPS, or Bharat Bill Payment System, is a nationwide platform in India that facilitates convenient and interoperable online bill payments for customers across various service providers.

Key Features

• Unified Platform: BBPS provides a single platform for customers to pay their bills from different billers without visiting multiple websites.
• Multiple Modes: Customers can use various modes like cash, cheque, credit card, debit card, IMPS, UPI, internet banking, mobile banking, etc., to make bill payments through BBPS.
• Wide Network: BBPS has brought together banks, billers and payment service providers into one network, making it widely accessible.
• Types of Billing: BBPS supports payment of electricity, telecom, DTH, gas, water bills, etc. It also supports insurance premiums and loan EMIs. More billing categories are being added.
• Instant Confirmation: Customers get instant confirmation via SMS/email once the payment goes through successfully.

Benefits

For Customers

• Convenience of a single billing platform
• Transparent process and instant confirmation
• Saves time with no more bill payment queues 

For Billers

• Wider reach, improved cash flows
• Reduced cost of collections
• Better reconciliation of payments

BBPS makes the whole process of bill payments interoperable, cashless and convenient for customers across India while providing efficiency for businesses.