HDFC Bank Ltd.

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Large Cap | Bank - Private
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HDFC Bank goes live with Bharat Bill Payment System

Date: 08-02-2017

HDFC Bank has gone live with the Bharat Bill Payment System (BBPS) that is aimed at easing utility and other repetitive bill payments for consumers. The bank’s customers can avail of BBPS after logging onto the Net Banking page.

A customer can pay multiple bills from a single platform without the hassle of visiting multiple websites or issuing individual cheques, or also registering billers with her bank for standard instructions for debit.

The BBPS is a centralized system created by the National Payments Corporation, involving banks and non-banks and allows agents to access bill payments services in an interoperable manner.