An Analysis of BBPS June 2020 Daily Volumes

Topline: The focus is on moving 90% of Retail Bill Payments to BBPS in the next 5 years.

BBPS Volumes tend to go down on Sundays. Is it because bank account holders prefer to postpone not so important bill payments to the next working day?

BBPS Volumes tend to go up on Mondays. Is it because pending bills are verified on Sundays and the payments made on Mondays?

BBPS average transaction value goes up during month ends. Is this because overdue bills are paid by the month end to avoid defaults?