Bharat Bill Payment System - PowerPoint PPT Presentation

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Bharat Bill Payment System

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BBPS or Bharat Bill Payment System is a system launched by RBI aimed at easing the payment of bills across geographies. – PowerPoint PPT presentation

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Title: Bharat Bill Payment System


1
Bharat Bill Payment System
2
Bharat Bill Payment System
  • What is Bharat Bill Payment System?
  • BBPS or Bharat Bill Payment System is a system
    launched by RBI aimed at easing the payment of
    bills across geographies.
  • Along with bill payments, BBPS improves the
    security and speed of payments with the help of
    the central unit (BBPCU) operating units
    (BBPOUs).
  • The service of BBPS is available in multiple
    modes of payment online and through a network of
    agents.
  • The usage of BBPS will transform the way payments
    are done from cash to electronic payments.
  • Here, the NPCI acts as the Bharat Bill Pay
    Central Unit (BBPCU) and banks non-bank
    entities will play the role of the Bharat Bill
    Pay Operating Units (BBPOU).
  • With BBPS, bill payments are integrated and
    interoperable with the added benefit of security,
    certainty and reliability of transactions
    performed.

3
BBPS - Main Objectives
  • BBPS is accessible from anywhere, at anytime,
    making it very convenient for the customers.
  • Reliable services of BBPS will increase the
    trust of the customers.
  • As an added advantage, BBPS offers various modes
    of payment.
  • System gives instant confirmation for bill
    payments making it easy to verify the
    transactions.

4
BBPS and V-Mobile banking
  • BBPS is integrated with V-Mobile banking.
  • Steps to pay bills with BBPS and V-Mobile banking
  • Log-in to the V-Mobile banking app.
  • Select the Bharat Bill Payment option.
  • Select the account from which money has to be
    debited and enter the MPIN when prompted.
  • Select the Biller category from the given options
    in the screen.
  • Enter the biller details and click view to see
    the bill details.
  • Click on the pay option to proceed towards the
    payment.
  • Payment confirmation message will be displayed on
    the next screen and customer has the option to
    take print-out of the confirmation screen.
  • Other features of the app include transaction
    history, option to view bills, facility to lodge
    complaints and also to track complaint status.

5
BBPS FAQs
  • Utility bills that I can pay using BBPS?
  • Currently you can pay the following bills using
    BBPS - Electricity, Telecom (Landline Post-paid,
    Mobile post-paid and Broad-band Post-paid), Gas,
    Water and DTH.
  • Transaction charges?
  • Nil charges for electronic transactions done at
    customers own bank.
  • Different modes of payment under BBPS?
  • BBPS supports Cash, Cards (Credit, Debit
    Prepaid), IMPS, UPI, AEPS, Internet Banking
    Wallets.
  • Different payment channels under BBPS?
  • BBPS supports both online and offline channels.
    Online channels like Internet, Internet banking,
    Mobile, Mobile banking, POS (Point of Sale
    terminal), MPOS (Mobile Point of Sale terminal),
    KIOSK and Offline channels like ATM, Bank Branch,
    Agents and Business Correspondents.
  • For more details on BBPS, click here.

6
VIJAYA BANK
  • Vijaya Bank is a PAN India Institution, serving
    diverse sectors of the society
  • The Bank offers a bouquet of innovative and
    attractive products and services to its
    customers. It has also incorporated a host of
    latest Digital Banking products, to provide the
    best services to its customers.
  • Digital Banking services are
  • VPAYQWIK
  • Mobile Banking
  • Net Banking
  • Vijaya UPI
  • Twitter banking and many more
  • For details, visit https//www.vijayabank.com

7
THANK-YOU
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