Mumbai, September 27, 2021: Bharat Bill Payment System, the one-stop platform for facilitating all recurring payments across various categories has gone live with the ‘mobile prepaid recharges category’. It has on-boarded Bharat Sanchar Nigam Ltd. (BSNL) as the first telecom 0perator and the category is now live on BHIM UPI App.
NPCI Bharat BillPay Ltd. (NBBL) is in advanced discussions with other telecom operators to on-board them on the BBPS platform, which can give customers wider options & channels for their mobile prepaid recharges.
RBI in June 2021 had approved mobile prepaid recharges as a biller category in BBPS. The mobile prepaid recharge facility allows the telecom operators to easily update the mobile prepaid recharge plans and make them available to all their customers across millions of touchpoints including apps/websites/physical channels enabled with Bharat BillPay. The addition of this category will help Bharat BillPay enabled banks and non-banks to offer an integrated flow for all recurring payments including recharges to the customers with one click.
Currently, Bharat BillPay offers recurring payment services to customers across several segments like electricity, telecom, DTH, Gas, Education fees, water, and municipal taxes, NETC FASTag recharge, loan repayments, Insurance, Cable, Subscription fees, and others. Mobile prepaid recharges are the new entrant that is set to facilitate millions of users with a seamless recharge experience.