BBPS is abbreviated for Bharat Bill Payment System The Bharat bill payment system is a RBI mandated system which acts as a one-stop payment solution for all bills across India “Anytime Anywhere”. It is intended to provide an interoperable and accessible bill payment services to customers across India with certainty, reliability and safety of transactions. BBPS offers bill collection categories like electricity, telecom, Mobile Post paid ,DTH, gas, water bills etc. through a single window. RBI expects to widen these categories going forward. An effective mechanism for handling consumer complaints is also set to support consumer regarding any bill related problems using BBPS. Bank has launched BBPS (Bharat Bill Payment System ) in Mobile Banking App and across the Branch Counters .We accept the Utility Bill from existing and non customers for Payment. Bank’s customer can pay bill by using GB-Mconnect application
Bharat Bill Payment System (BBPS) is an integrated bill payment system which offers bill payment service
to customers online as well as through a network of agents on the ground. The system will provide
multiple payment modes and instant confirmation of receipt of payment.
BBPS includes the facility of collection of payments for utility bills for such as electricity,
water, gas, DTH, telecom services, etc. In future other services like the collections of other types of payments like school / university fees, municipal
taxes/ payments, mutual funds and insurance premium, various government taxes etc. as
decided from time to time by the Reserve Bank of India will be incorporated in BBPS.
As per NPCI guidelines, every Collection Operation Unit (COU) can charge Customer
Convenience Fees (CCF) for each transaction as per standards specified by NPCI.
Currently Greter Bombay Co-operative Bank Ltd. is not collecting any charges including
CCF for BBPS transactions.