26 New billers onboard #BBPS in May 2020
Link to my Blog @ https://innovationinbanking.blogspot.com/2020/06/26-new-billers-onboard-bbps-in-may-2020.html
The lockdown has added 26 billers to BBPS in May 2020. Education Fees as a Biller Category made an entry with a Delhi based school being the first to onboard BBPS.
Biller Categories with NIL Additions
· Cable TV
· DTH
· Gas
· Gas- Cylinder
· Insurance (Health)
· Telecom-Broadband
Biller Categories with new Additions are as below.
· Education Fees 1 — New Biller is: -
01) Mount Olivet Sr. Sec. School
· Electricity 2 — New Billers are: -
01) Torrent Power
02) Electricity Department Chandigarh
· FASTag Recharge 1 — New Biller is: -
01) Axis Bank FASTag
· Insurance (Life) 4 — New Billers are: -
02) Future Generali India Life Insurance Company Limited
03) Reliance Nippon Life Insurance
04) Star Union Dai Ichi Life Insurance
05) Shriram Life Insurance Co Ltd
·
· Loan Repayment 14 — New Billers are: -
01) AAVAS FINANCIERS LIMITED
02) Indiabulls Housing Finance Limited
03) Avail
04) Clix
05) Varthana
06) Bajaj Auto Finance
07) Jana Small Finance Bank
08) Ess Kay Fincorp Limited (Sk Finance)
09) Manappuram Finance Limited-Vehicle Loan
10) Faircent
11) i2iFunding
12) Capri Global Capital Limited
13) Capri Global Housing Finance
14) Vastu Housing Finance Corporation Limited
· Telecom-Landline 2 — New Billers are: -
01) BSNL Landline-Corporate
02) BSNL Landline-Individual
BSNL is already an active biller in BBPS. Not sure as to why again they are shown as additions in May 2020. It could be BSNL opted for ‘Free Format’, payment option too.
· Telecom-Post-paid 1 — New Biller is: -
01) Jio Postpaid (Fetch & Pay)
· Water 1 — New Biller is: -
01) Municipal Corporation Chandigarh
The BBPS volumes will jump in coming months with the addition of new billers. In fact, the jump can be observed in the June 2020 volumes itself.
How many Bills have you paid via BBPS so far?