Some facts about Bharat Bill Payments System(BBPS)

• The biggest advantage is that the bill can be paid anywhere and anytime.
• The system will provide multiple payment modes and instant confirmation of payment.
• Payments may be made through the BBPS using cash, transfer cheques, and electronic modes.
• Retail points will be set up for bill payments across the country who would be able to accept all kinds of bills payments made through credit cards, debit cards, mobile wallets, net banking (IMPS, NEFT).
• The BBPS outlets would include banks, ATMs, business correspondents, kiosks etc.
•  Payments would be made securely through the NPCI network with instant receipts getting generated.
• PayU India is the first non-bank entity which got RBI approval to set up and operate Bharat Bill Payment System (BBPS).