Bharat Bill Payment System (BBPS)

  • BBPS is an integrated bill payment system offering interoperable and accessible bill payment service to customers through a network of agents, enabling multiple payment modes and providing instant confirmation of payment. 
  • The BBPS initiative aims to provide a major push to digital payments as it is a big step forward in formalizing the bill payment system in the country.
  • Under the BBPS framework, a customer will be able to pay several bills such as electricity, telephone, water, gas, and DTH television at a single location—physical or electronic—and receive instant confirmation once the payment is made.
  • Nearly 45 crore bills are permitted under BBPS. Payments through BBPS can be made using cash, transfer cheques and electronic modes.
  • Bill aggregators and banks, who will function as operating units, will carry out these transactions for the customers. 
  • At present the bulk of transactions on BBPS are of electricity bills.
  • It contributes to about 180 million bills per month out of which only 10% is digital.
  • Why in news? The National Payments Corporation of India (NPCI) has received final nod from the Reserve Bank of India (RBI) to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).



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