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Biller Overview
A biller is any entity such as a municipal corporation, telecom services company, school, college, housing society, hospital, mutual fund, insurance company etc., who offers service to its customers / members and has to collect recurring payments from them. Once the entity has been on-boarded as a biller on the BBPS platform, it can start collecting bill payments through all the agents in the BBPS ecosystem.
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Wider Reach
Through a single on-boarding with Axis Bank, biller shall be able to collect payment through:
- 68+ Bank apps
- 10+ digital payment apps
- 2.5 lac+ designated retail agents
Brand Assurance of NPCI
- Real time payment confirmation
- Guaranteed settlement of funds
- Detailed reports
Faster Go-To-Market
- Seamless on-boarding on BBPS through Axis Bank’s in-house platform
- No technical developments required to be implemented by the biller
- Option to avail of a technical service provider (TSP)
Cost-effective, Seamless Collection
- Flat fee structure for transactions through BBPS platform
- Amount is credited digitally irrespective of payment mode
- Faster, assured payment collection improves cash flow