BHARAT BILL PAYMENT SYSTEM |
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BHARAT BILL PAYMENT SYSTEM
DO YOU KNOW ?
Now you can pay all credit card bills including Visa , Mastercard , Rupay , AMerican Express & Diner's cards under BBP System
Now you can pay all credit card bills including Visa , Mastercard , Rupay , AMerican Express & Diner's cards under BBP System
WHAT ARE THE BILLS THAT CAN BE PAID IN BHARAT BILL PAYMENT SYSTEM ?
SCOPE OF BBP SYSTEM EXPANDED TO INCLUDE PAYMENTS AND COLLECTIONS
Dated 08.12.2022 : BBPS currently does not enable non-recurring payments or collection requirements of individuals even if they are recurring in nature. Consequently, some categories of payments / collections remain outside the ambit of the BBPS viz., professional service fee payments, education fees, tax payments, rent collections, etc. Hence RBI has decided to expand the scope of BBPS to include all categories of payments and collections, both recurring and non-recurring in nature. This will make the platform accessible to a wider set of individuals and businesses who can benefit from the system . Separate guidelines will be issued to NBBL in this regard.
Presently The Bharat Bill Payment System (BBPS) covers six segments viz., (i) direct-to-home (DTH); (ii) electricity; (iii) gas; (iv) telecom , (v) water bills and ( vi) Mobile recharge
To go through RBI Notification in this regard , CLICK HERE
Dated 08.12.2022 : BBPS currently does not enable non-recurring payments or collection requirements of individuals even if they are recurring in nature. Consequently, some categories of payments / collections remain outside the ambit of the BBPS viz., professional service fee payments, education fees, tax payments, rent collections, etc. Hence RBI has decided to expand the scope of BBPS to include all categories of payments and collections, both recurring and non-recurring in nature. This will make the platform accessible to a wider set of individuals and businesses who can benefit from the system . Separate guidelines will be issued to NBBL in this regard.
Presently The Bharat Bill Payment System (BBPS) covers six segments viz., (i) direct-to-home (DTH); (ii) electricity; (iii) gas; (iv) telecom , (v) water bills and ( vi) Mobile recharge
To go through RBI Notification in this regard , CLICK HERE
NOW PREPAID MOBILE RECHARGE CAN BE PAID UNDER BBP SYSTEM :
Dated 15.06.2021 : Reserve Bank of India ( RBI ) has decided to permit ‘mobile prepaid recharges’ as a an additional biller category in BBPS, on a voluntary basis. This will be implemented on or before August 31, 2021.
Presently The Bharat Bill Payment System (BBPS) covers five segments viz., (i) direct-to-home (DTH); (ii) electricity; (iii) gas; (iv) telecom; and (v) water bills .
To go through RBI Notification in this regard , CLICK HERE
Dated 15.06.2021 : Reserve Bank of India ( RBI ) has decided to permit ‘mobile prepaid recharges’ as a an additional biller category in BBPS, on a voluntary basis. This will be implemented on or before August 31, 2021.
Presently The Bharat Bill Payment System (BBPS) covers five segments viz., (i) direct-to-home (DTH); (ii) electricity; (iii) gas; (iv) telecom; and (v) water bills .
To go through RBI Notification in this regard , CLICK HERE
Expansion of Biller Categories for Bharat Bill Payment System
Dated 17.09.2019 : Reserve Bank of India ( RBI ) vide notification dated 16.09.2019 , has announced the decision to permit all categories of billers (except prepaid recharges) who provide for recurring bill payments to participate in BBPS on a voluntary basis .
The Bharat Bill Payment System (BBPS), an interoperable platform for repetitive bill payments, currently covers five segments viz., (i) direct-to-home (DTH); (ii) electricity; (iii) gas; (iv) telecom; and (v) water bills. In order to leverage the advantages of the BBPS and harness its full potential, RBI has decided to permit all categories of billers (except prepaid recharges) who provide for recurring bill payments to participate in BBPS on a voluntary basis. RBI states " Apart from digitisation of cash-based bill payments, these segments would also benefit from the standardised bill payment experience for customers, centralised customer grievance redressal mechanism, prescribed customer convenience fee and the like" . Detailed instructions in this regard is expected to issued by the end of September 2019.
Present category of billers as on July 2020 : All recurring payments will be a part of Bharat BillPay ecosystem. The current live categories part of Bharat BillPay are as follows: 1. Electricity 2. Telecom (Mobile Post-paid, Landline Post-paid and Broadband) . 3 DTH
4. Gas-Pipedline 5 . Water 6.LPG Gas Booking 7. Insurance (Life, General, Health) 8.Loan Repayments 9 FASTag Recharge
10 . Cable 11. Education Fees 12. Municipal tax
Other categories like mutual funds, subscription fees, credit cards, housing society, recurring deposits, and services etc. would be covered under Bharat BillPay shortly.
Dated 17.09.2019 : Reserve Bank of India ( RBI ) vide notification dated 16.09.2019 , has announced the decision to permit all categories of billers (except prepaid recharges) who provide for recurring bill payments to participate in BBPS on a voluntary basis .
The Bharat Bill Payment System (BBPS), an interoperable platform for repetitive bill payments, currently covers five segments viz., (i) direct-to-home (DTH); (ii) electricity; (iii) gas; (iv) telecom; and (v) water bills. In order to leverage the advantages of the BBPS and harness its full potential, RBI has decided to permit all categories of billers (except prepaid recharges) who provide for recurring bill payments to participate in BBPS on a voluntary basis. RBI states " Apart from digitisation of cash-based bill payments, these segments would also benefit from the standardised bill payment experience for customers, centralised customer grievance redressal mechanism, prescribed customer convenience fee and the like" . Detailed instructions in this regard is expected to issued by the end of September 2019.
Present category of billers as on July 2020 : All recurring payments will be a part of Bharat BillPay ecosystem. The current live categories part of Bharat BillPay are as follows: 1. Electricity 2. Telecom (Mobile Post-paid, Landline Post-paid and Broadband) . 3 DTH
4. Gas-Pipedline 5 . Water 6.LPG Gas Booking 7. Insurance (Life, General, Health) 8.Loan Repayments 9 FASTag Recharge
10 . Cable 11. Education Fees 12. Municipal tax
Other categories like mutual funds, subscription fees, credit cards, housing society, recurring deposits, and services etc. would be covered under Bharat BillPay shortly.
National Payments Corporation of India (NPCI) launcheded on 31.08.2016 a pilot project called Bharat Bill Payment System ( BBPS ) . BBPS is a payment system that facilitates Bill payments / Retail Payments across India . The BBPS system can be used for Merchant Payments , Bill Payments etc .Payments can be either made in cash or through any of the various electronic modes of payment. Cheque payments are not a part of the system. Participants who will function as operating units (OUs), will carry out these transactions for the customers.
The policy guidelines for the BBPS system were issued by the Reserve Bank of India on November 28, 2014. The document is available in the following link https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=9368&Mode=0. The BBPS will operate as a tiered structure with a single Bharat Bill Payment Central Unit (BBPCU) and multiple Bharat Bill Payment Operating Units (BBPOUs)
System is presently running on pilot basis involving few participants
The policy guidelines for the BBPS system were issued by the Reserve Bank of India on November 28, 2014. The document is available in the following link https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=9368&Mode=0. The BBPS will operate as a tiered structure with a single Bharat Bill Payment Central Unit (BBPCU) and multiple Bharat Bill Payment Operating Units (BBPOUs)
System is presently running on pilot basis involving few participants
MODUS OPERANDI OF BBP SYSTEM
BBPS will be an integrated platform connecting banks and non-banks in bills aggregation business, Billers , payment service providers and retail bill outlets . BBPS will facilitate seamless payment of bills through any channel including Agent-Assisted Model at any Agent/BC outlet/bank branch/ online channels
BBPS plans to cover Electricity Bills , Water Bills , municipal Taxes , Gas Supply , telephone , DTH , School / College Fees , Insurance , Mutual Funds , Credit Card Payments etc . In the system , a customer can either walk into an outlet or log on to an OU’s website . A consumer can walk into these and make the payment by providing the reference number mentioned on the utility bill. The front-end will display the details of the bill and one can pay the amount.
BBPS plans to cover Electricity Bills , Water Bills , municipal Taxes , Gas Supply , telephone , DTH , School / College Fees , Insurance , Mutual Funds , Credit Card Payments etc . In the system , a customer can either walk into an outlet or log on to an OU’s website . A consumer can walk into these and make the payment by providing the reference number mentioned on the utility bill. The front-end will display the details of the bill and one can pay the amount.
BENEFITS OF BHARAT BILL PAYMENT SYSTEM
Earlier a customer had to go physically to a utility provider to make payment either in cash or cheque . Now a days , most of the billers / utility companies are providing option of making payment on line through their websites . Some of the bankers are also facilitating payment through their bank branches / websites . New Non banking companies like Paytm , PayU etc are also facilitating various payment through their web applications / mobile applications . Such payments are facilitated through bilateral arrangements with utility companies / billers . In order to integrate such payments in to an uniform system , National Payments Corporation of India (NPCI) was formed . It is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA). NPCI has ten promoter banks namely, State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC. The Board constitutes of Shri Balachandran M as the Chairman, Nominee from RBI, Nominees from ten core promoter banks, two Independent Directors and Shri A. P. Hota, Managing Director and Chief Executive Officer, NPCI.
The Bharat Bill payment system has been developed by NCPI to make bill payment convenient ,• Time saving, having Uniform experience and flexibility of payment channels • It aims to give Reliable service with high degree of trust and security , Transparent pricing with instant payment confirmation and Unified Grievance Handling . Bharat BillPay transaction can be initiated through multiple payment channels like Internet, Internet Banking, Mobile, Mobile-Banking, POS (Point of Sale terminal), Mobile Wallets, Kiosk, ATM, Bank Branch, Agents and Business Correspondents, by just looking at the Bharat BillPay logo . Bharat BillPay facilitates many payment modes enabling bill payments. The payment modes options facilitated under the ecosystem are Cards (Credit, Debit and Prepaid), NEFT Internet Banking, UPI, Wallets, Aadhar based Payments and Cash.
The Bharat Bill payment system has been developed by NCPI to make bill payment convenient ,• Time saving, having Uniform experience and flexibility of payment channels • It aims to give Reliable service with high degree of trust and security , Transparent pricing with instant payment confirmation and Unified Grievance Handling . Bharat BillPay transaction can be initiated through multiple payment channels like Internet, Internet Banking, Mobile, Mobile-Banking, POS (Point of Sale terminal), Mobile Wallets, Kiosk, ATM, Bank Branch, Agents and Business Correspondents, by just looking at the Bharat BillPay logo . Bharat BillPay facilitates many payment modes enabling bill payments. The payment modes options facilitated under the ecosystem are Cards (Credit, Debit and Prepaid), NEFT Internet Banking, UPI, Wallets, Aadhar based Payments and Cash.
BHARAT BILL PAYMENT OPERATING UNITS
Bharat Bill Payment Operating Unit aka BBPOU is the entity that is authorized by Reserve Bank of India. It can be a Bank or a Non-Bank. BBPOU may choose to integrate either with the customers, (COU: Customer OU) or with the billers (Biller OU) or may wish to participate as both – which means such BBPOU will be integrated with customers as well as billers. Going forward, only authorised BBPOU - both banks and non-banks authorised by RBI - can handle payment and aggregation of payment services relating to bills under the scope of Bharat BillPay.
For the list of Operating Units / outlets as of June 2020 , CLICK HERE
For the list of Operating Units / outlets as of June 2020 , CLICK HERE
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HOW TO PAY BILLS USING BHARAT BILL PAY SYSTEM ?
1. Log in to any of the websites below where you have account .
2. Go to bill payment section and select the type of bill you want to pay like electricity bill , water bill , DTH payment etc .
3 . Then select the biller whose bill you want to settle .
4 . You feed your ID number with the biller and other details and wait for bill to be fetched .
5 . The outlet will fetch you the amount of the bill and your details as per the bill .
6 . If it is the bill you want to pay , you can proceed and pay using the account with the outlet or using other accepted mode like Debit card , internet banking , credit card , wallet etc .
2. Go to bill payment section and select the type of bill you want to pay like electricity bill , water bill , DTH payment etc .
3 . Then select the biller whose bill you want to settle .
4 . You feed your ID number with the biller and other details and wait for bill to be fetched .
5 . The outlet will fetch you the amount of the bill and your details as per the bill .
6 . If it is the bill you want to pay , you can proceed and pay using the account with the outlet or using other accepted mode like Debit card , internet banking , credit card , wallet etc .
For the list of Billers whose bills you can pay through BBP System , CLICK HERE
PILOT PROJECT
The following Bankers have joined the pilot project launched on 31.08.2016 :
1. Axis Bank
2. I.C.I.C.I Bank
3. IDBI Bank
4. Indusind Bank
5. Punjab National Bank
6. State Bank of India
7. RBL Bank
8. The Saraswat Co operative bank
9 . Yes Bank
10 . Mahesh Co operative Urban Bank
11. Kotak mahindra Bank
12 . Punjab & Maharastra Co operative Bank
13. TJSB Sahakari Bank
14. HDFC Bank
15 . Indian bank
16 .Gopinath-Patil-Parsik-Janata-Sahakari-Bank-Ltd
NON BANKING PARTNERS
1. Avenue India Pvt Ltd
2. Common services Centers (Digital seva kendras )
3. Euronet Services India
4. Billdesk
5. ITZ Cashcard
6. One97 communications Ltd ( paytm )
7. Oxizen services
8. PayU Payments
9. Spice Digital Ltd
10 . Techprocess payment services
Some of the above Banks / Non Banks are already in the payment services business and are providing their services for payment of various utilities through bilateral arrangements with various billers . One can go to the links of banks to find out the services already being provided .
1. Axis Bank
2. I.C.I.C.I Bank
3. IDBI Bank
4. Indusind Bank
5. Punjab National Bank
6. State Bank of India
7. RBL Bank
8. The Saraswat Co operative bank
9 . Yes Bank
10 . Mahesh Co operative Urban Bank
11. Kotak mahindra Bank
12 . Punjab & Maharastra Co operative Bank
13. TJSB Sahakari Bank
14. HDFC Bank
15 . Indian bank
16 .Gopinath-Patil-Parsik-Janata-Sahakari-Bank-Ltd
NON BANKING PARTNERS
1. Avenue India Pvt Ltd
2. Common services Centers (Digital seva kendras )
3. Euronet Services India
4. Billdesk
5. ITZ Cashcard
6. One97 communications Ltd ( paytm )
7. Oxizen services
8. PayU Payments
9. Spice Digital Ltd
10 . Techprocess payment services
Some of the above Banks / Non Banks are already in the payment services business and are providing their services for payment of various utilities through bilateral arrangements with various billers . One can go to the links of banks to find out the services already being provided .
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