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BBPS Billers - FAQs
Bharat Bill Pay System (BBPS) is an integrated online ecosystem that connects 35 lakhs offline collection centres and 150+ digital payment channels including major UPI apps for all kinds of bill payments. A single integration, often facilitated by payment aggregators like Telr gives you access to this huge network which enables you to provide multiple payment options for your customers, both online and offline.
The billers are entities that generate the recurring bills to be paid. A few common examples are:
- Electricity boards with the electricity bills
- NBFCs with loan repayment
- Insurance companies with premium payments
- Housing facilities with rents
- Clubs and associations with membership charges
- Broadband and cable TVs with usage bills
Telr’s Biller solution for BBPS helps you collect bills from all major UPI apps like Paytm, PhonePe, Google Pay, and more with a single integration that connects you to the BBPS network. You can start the integration process with the following steps:
- Express your interest here.
- Our BBPS expert will reach out to you at the earliest to take the next steps on onboarding agreement and provide you complete integration support.
- Post integration, the Telr team supports you to do end-to-end testing and enables you to start collecting bill payments on the BBPS network within 3 weeks.
The transaction limits are dependent on the mode of payment. For example, if the customer is making the payment through an UPI app, the UPI transaction limits would be applicable for the BBPS transaction.
BBPS works on a T+1* settlement cycle. The billers get fast and guaranteed settlements for transactions through BBPS within 24 hours after the payment is made.
T+x*: Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters, and other factors.
With Telr’s Biller solution for BBPS, you can integrate and go live as a biller in less than 3 weeks. To start integrating, reach out to our BBPS expert here
The charges per transaction vary from category to category. To get the best pricing for your business category, please reach out to us here.