Vakrangee, IndusInd Bank Tie Up for Bill Payments Services | CORPORATE ETHOS

Vakrangee, IndusInd Bank Tie Up for Bill Payments Services

By: | October 6, 2017

Oct 6: Vakrangee Ltd has tied up with IndusInd Bank for the Bharat Bill Payment System platform to deliver wide range of bill payment services from its Vakrangee Kendra outlets.

Vakrangee will be part of Bharat Bill Payment System’s ecosystem, as national-level partner, as an agent institution, to deliver nation-wide electricity, utility bill payments, DTH, post-paid, water bills, gas bills along with postpaid telecom bills from BSNL, MTNL, Vodafone, Airtel etc.

The Reserve Bank of India had appointed NPCI (National Payment Council of India) as the nodal agency to launch Bharat Bill Payment System, to ensure nation-wide uniformity in Bill Payment domain services, standards commercials and service charges and BBPS (Bharat Bill Payment System)  is aimed to consolidate country-wide billers and service providers under one umbrella of technology platform.

Vakrangee and IndusInd Bank have entered in national alliance to cater nation-wide unserved and underserved area across the country, for bill-payment services through BBPS unified and aggregated platform and world-class Payment interface based services.

IndusInd Bank will act as the operating unit for BBPS to channelize the entire technology interface and would offer more than 37 billers secured payment service through Vakrangee Kendra network.

Incorporated in 1990, Vakrangee is a technology-driven company focused on building India’s largest network of last-mile retail outlets to deliver real-time banking, insurance, e-governance, ecommerce and logistics services to the unserved & underserved rural, semi-urban and urban markets.