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.