Bharat Bill Payment System (BBPS) is an online bill payment system. National Payments Corporation of India (NPCI) functioning as a sanctioned Bharat Bill Payment Central Unit (BBPCU) is responsible for setting standards, rules and procedures for technical and business requirements for those who use this service. It enables people to pay various bills online or through a network of agents. BBP aims at eliminating the role of cash in bill payments and making the bill payment system more digital.
Using the BBP service, payments can be made in three ways-
BANKIT enables you to own a utility bill payment franchise through which you can start BBP service in your area. The franchise is very convenient and economical to own as you only need to have a shop or any space to start the service, a laptop, or a smartphone and a good network connection to access the Bharat Bill Payment app. When you get associated with BANKIT as a BANKIT BBPS agent, you are availed of a lot of benefits and can turn your shop into a one-stop solution for every bill payment.
BANKIT is a FinTech start-up that offers its agents to provide utility bill payment services to the people of their vicinity and have an additional source of income. So, BANKIT caters the following benefits to the agents associated with it: -
The utility bill payment franchise of BANKIT is a profitable business for small entrepreneurs as it enables them to be of service to society and add to a source to their income.
BANKIT provides two very incredibly easy ways to use its BBP service.
The Bharat Bill Pay commission offered by BANKIT to its agents is considered the best in the industry. The BBPS commission earned by the BANKIT agents helps them to expand their business, help the people in their vicinity with a one-stop bill payment solution and start owning an extra source of income at almost zero investment.