Edgemoney-BBPS

BBPS ( BHARAT BILL PAYMENT SYSTEM )

The Bharat bill payment system is a Reserve Bank of India (RBI) conceptualised system driven by National Payments Corporation of India (NPCI). It is a one-stop ecosystem for payment of all bills providing an interoperable and accessible "Anytime Anywhere" bill payment service to all customers across India with certainty, reliability and safety of transactions.

Bharat BillPay - The One stop destination for Bill Payment Bharat BillPay has multiple modes of payment and provides instant confirmation of payment via an SMS or receipt. It offers myriad bill collection categories like electricity, telecom, DTH, gas, water bills etc. through a single window. In future biller categories may be expanded to include insurance premium, mutual funds, school fees, institution fees, credit cards, local taxes, invoice payments, etc. An effective mechanism for handling consumer complaints has also been put in place to support consumer regarding any bill related problems in Bharat BillPay

Members can use their EdgeMoney wallet to pay all kind of bill payments using BBPS. They will also get commission on every BBPS Bill Payment transaction made through EdgeMoney Wallet.

Category of Billers in Bharat BillPay :-

The category of billers eligible to participate in Bharat BillPay will be specified from time to time by Reserve bank of India (RBI).
The current categories specified are as follows:

Electricity
Telecom (Mobile Post-paid, Landline Post-paid and Broadband)
DTH
Gas
Water
Over a period of time other categories like insurance premium, mutual funds, school fees, institution fees, credit cards, local taxes, invoice payments, etc. may be covered under Bharat BillPay.