HDFC Bank goes live on Bharat Bill Payment System
MUMBAI: Private sector lender HDFC Bank said that it has gone live on Bharat Bill Payment System (BBPS) for HDFC Bank’s Net Banking for customers.
BBPS is a centralized system created by National Payments Corporation of India involving banks and non-banks, which allows agents to access bill payments services in an interoperable manner. Customers can now pay their utility bills like electricity, gas and water bills instantly without registering the biller.
HDFC Bank customers can avail of BBPS after logging onto the Net Banking page. Going forward, the Bank plans to make this service available for non-customers as well. Furthermore, BBPS will also be incorporated into HDFC Bank's Mobile Banking shortly.
"BBPS introduced by NPCI is a seamless payment platform that offers speed and convenience to pay all types of bills. The interoperable bill payment platform is an important addition to the suite of digital banking we offer to our customers,” said Nitin Chugh, Country Head – Digital Banking, HDFC Bank.