Payza Launches Utility Bill Payments Service For India

Payza Launches Utility Bill Payments Service For India
14.03.2017 10:15 am

Payza Launches Utility Bill Payments Service For India

Platform Technology , e-Payments

Payza, a leading global online payment platform, announced today that it has launched an online Utility Bill Payments service for Indian customers.

Payza has teamed up with India’s most popular household utility and telecommunications service providers for the initial launch of the program, a list that includes Airtel, Tata Sky, Tata Docomo, Vodafone, Reliance, DishTV, MTNL, BSNL, and many others. 

The Payza Utility Bill Payments option, which is currently available to members in India through the Payza Android App, enables users to securely link their television, internet, mobile, and landline phone accounts within their Payza account, in order to easily pay bills and track their payment history. 

Along with telecom services, Payza India customers can also pay gas and electricity bills directly from their Payza account. The service is tied in with the major gas and electric providers for each state, including BSES in Delhi, BEST Undertaking in Mumbai, and India Power. Insurance providers, such as Bharti Axa, ICICI Prudential, IndiaFirst and Tata AIA, can also be paid through this new feature. 

“Up until demonetization, where 500 and 1,000-rupee notes were scrapped by the government, more than 90% of all transactions in India were made in cash,” explained Firoz Patel, Global Executive VP for Payza. “While this was a much needed move in the fight against money laundering, counterfeiting and the black market, the average Indian consumer was left scrambling for ways to pay for everyday items like their gas and internet bills. With the launch of Payza’s online bills payment app, we’ve given our Indian customers a complete digital payments experience. The Payza App and e-Wallet are perfect companions to the new reality in India.”

The new Utility Bill Payment feature in India follows other targeted services Payza has launched in the country. In 2016, Payza announced Indian Rupee (INR) support on its platform, allowing members to add and withdraw funds in Rupees, and make online transactions using the local currency. Indian Payza members can also receive foreign currency in their Payza e-Wallet accounts and withdraw those funds as Rupees to their bank account.

Related News

Omio launches Open Travel Index to help navigate new travel era

Following the FCO’s downgrading of advice regarding non-essential travel on Friday 3 July, and confirmation of ... Read more »

Apropos delivers for self-managing landlords

Digital property management platform, apropos, provides a solution for self-managing landlords who have previously lost faith in letting agents and decided to... Read more »

LemonadeLXP enhances digital transformation tool, helps FI call centers reduce handling times

LemonadeLXP, the all-in-one learning experience platform for financial institutions, has enhanced its digital adoption platform, Digital Academy... Read more »

Findr launches AI matching platform to help fintechs grow safely during lockdown

Findr has launched operations in London with the vision of becoming the leading global technology platform for... Read more »

Samsung and SoFi introduce money management tool

Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.

... Read more »

Kompli-Global and Yoti team up to tackle fraudsters and money launderers with verified identities

Kompli-Global, the leading RegTech AML specialist, has formed a strategic partnership... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel