Mumbai: One of the major issues in utility bill collection has always been how cash collection at the counters can be digitized as fast as possible. To kickstart this initiative at 'BEST', 'NBBL' (NPCI Bharat BillPay Limited) and 'XPay.Life' came together to digitize the cash counters.
The digitization will take place in 3 methods, all of them using the NBBL's Bharat Bill Pay Platform to do the transaction.
The first method would be to deploy intelligent point of sales machines at select cash counters where customers can pay their bills through any mode of payment, be it cash or UPI. The customer gets a receipt immediately and the transaction gets completed in less than 10 seconds!
In the second method, Touch Screen Kiosks will be deployed at different B.E.S.T locations so that customers can choose their own time and method of payment. The kiosk has a cash validator to weed out fake notes and ensure safety at all times specifically as it flows through the BBPS platform.
Most importantly, it is not just. B.E.S.T bills can be paid at all these locations. The customer can access any of the thousands of Utilities, like LPG booking, Mobile bill payments, insurance payments, DTH recharges, and much more at these locations.
Speaking on the occasion, Mr. Rohit Kumar, Founder & CEO of XPay.Life said, “We are one of the most enterprising fintech start-ups in the country. We aim to make life simpler with secure transactions and innovations. Our intelligent PoS machines and Mobile Vans are one of our most innovative and meaningful offerings, which we are excited to launch in partnership with BEST and NBBL. This is the beginning of our initiatives toward supporting a digital India and we shall be extending the same services to all other ESCOMs in the country soon.
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