Best aeps APi provider in india

<p data-end="304" data-start="0"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhvjqly7ra5z7DuTG1gX1JLU8xD9bCojmn7yd7kwxswafjc2kUp9nj7RRloXZpR-ubPsCIXbkjKNZy7mKuDkAPKWti1D0oIxTKMhB5-uSK8gCEBNCo5-uEi_9tk9NGIULJmyf7Wwnhvlfg747fO9fSSiKoovTmwghi8n_gxSIzelrBjP3JzoUZAMWkcs4j/s421/Aeps.png" imageanchor="1" style=""><img border="0" data-original-height="120" data-original-width="421" height="79" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhvjqly7ra5z7DuTG1gX1JLU8xD9bCojmn7yd7kwxswafjc2kUp9nj7RRloXZpR-ubPsCIXbkjKNZy7mKuDkAPKWti1D0oIxTKMhB5-uSK8gCEBNCo5-uEi_9tk9NGIULJmyf7Wwnhvlfg747fO9fSSiKoovTmwghi8n_gxSIzelrBjP3JzoUZAMWkcs4j/s280-rw/Aeps.png" width="280" /></a></div><br />The Aadhaar Enabled Payment System (AePS) facilitates secure financial transactions using an individual's Aadhaar number and biometric authentication. For fintech startups in India looking to integrate AePS services, selecting a reliable API provider is crucial. Here are some notable AePS API providers:<p></p><p data-end="322" data-start="306"><strong data-end="322" data-start="306">1. PaySprint</strong></p><ul data-end="607" data-start="323"><li data-end="389" data-start="323"><strong data-end="337" data-start="325">Services</strong>: Cash withdrawal, balance inquiry, mini statements.</li><li data-end="513" data-start="390"><strong data-end="404" data-start="392">Features</strong>: Interoperable across multiple banks, real-time transaction processing, and comprehensive developer support.</li><li data-end="607" data-start="514"><strong data-end="527" data-start="516">Website</strong>: <a data-end="607" data-start="529" href="https://www.paysprint.in/services/aeps-api-provider.html" rel="noopener" target="_new">PaySprint AePS API</a></li></ul><p data-end="644" data-start="609"><strong data-end="644" data-start="609">2. Eko India Financial Services</strong></p><ul data-end="927" data-start="645"><li data-end="726" data-start="645"><strong data-end="659" data-start="647">Services</strong>: Cash withdrawal, balance inquiry, mini statements, cash deposits.</li><li data-end="855" data-start="727"><strong data-end="741" data-start="729">Features</strong>: Instant merchant onboarding, high success rates, seamless integration with SDKs, and dedicated customer support.</li><li data-end="927" data-start="856"><strong data-end="869" data-start="858">Website</strong>: <a data-end="927" data-start="871" href="https://signup.eko.in/aeps-api-provider/" rel="noopener" target="_new">Eko AePS API</a></li></ul><p data-end="944" data-start="929"><strong data-end="944" data-start="929">3. WaayuPay</strong></p><ul data-end="1183" data-start="945"><li data-end="1027" data-start="945"><strong data-end="959" data-start="947">Services</strong>: Cash withdrawal, balance inquiry, mini statements, money transfer.</li><li data-end="1117" data-start="1028"><strong data-end="1042" data-start="1030">Features</strong>: Multiple payout modes, smart reconciliation, and scalable infrastructure.</li><li data-end="1183" data-start="1118"><strong data-end="1131" data-start="1120">Website</strong>: <a data-end="1183" data-start="1133" href="https://waayupay.com/aeps-api" rel="noopener" target="_new">WaayuPay AePS API</a></li></ul><p data-end="1198" data-start="1185"><strong data-end="1198" data-start="1185">4. AnshPe</strong></p><ul data-end="1479" data-start="1199"><li data-end="1265" data-start="1199"><strong data-end="1213" data-start="1201">Services</strong>: Cash withdrawal, balance inquiry, mini statements.</li><li data-end="1395" data-start="1266"><strong data-end="1280" data-start="1268">Features</strong>: Interoperable with various banks, secure transactions through biometric authentication, and real-time processing.</li><li data-end="1479" data-start="1396"><strong data-end="1409" data-start="1398">Website</strong>: <a data-end="1479" data-start="1411" href="https://anshpe.in/services/aeps-api-provider.html" rel="noopener" target="_new">AnshPe AePS API</a></li></ul><p data-end="1496" data-start="1481"><strong data-end="1496" data-start="1481">5. Moneyart</strong></p><ul data-end="1763" data-start="1497"><li data-end="1578" data-start="1497"><strong data-end="1511" data-start="1499">Services</strong>: Cash withdrawal, balance inquiry, mini statements, cash deposits.</li><li data-end="1689" data-start="1579"><strong data-end="1593" data-start="1581">Features</strong>: Interoperability across banks, offline transaction capabilities, and cost-effective solutions.</li><li data-end="1763" data-start="1690"><strong data-end="1703" data-start="1692">Website</strong>: <a data-end="1763" data-start="1705" href="https://moneyart.in/products/aeps-api" rel="noopener" target="_new">Moneyart AePS API</a></li></ul><p data-end="1784" data-start="1765"><strong data-end="1784" data-start="1765">6. ZPE Software</strong></p><ul data-end="2039" data-start="1785"><li data-end="1850" data-start="1785"><strong data-end="1799" data-start="1787">Services</strong>: Cash withdrawal, balance inquiry, fund transfers.</li><li data-end="1954" data-start="1851"><strong data-end="1865" data-start="1853">Features</strong>: Advanced security measures, customizable options, and real-time transaction processing.</li><li data-end="2039" data-start="1955"><strong data-end="1968" data-start="1957">Website</strong>: <a data-end="2039" data-start="1970" href="https://zpe.co.in/api-solutions/fintech-apis/aeps-api" rel="noopener" target="_new">ZPE AePS API</a></li></ul><p data-end="2240" data-start="2041">When choosing an AePS API provider, consider factors such as service offerings, integration ease, security measures, support quality, and pricing to ensure alignment with your startup's requirements.</p>

Best aeps APi provider in india

The Aadhaar Enabled Payment System (AePS) facilitates secure financial transactions using an individual's Aadhaar number and biometric a...

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Best tool for fintech startup in india

<p> <br /></p><p data-end="235" data-start="0"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjctsg_bxqqa2jRuc7SRWNbxO6yGcqjIIHsFx29lst4GwAyHSQ3PC8jwnWl88-j8UFQLMzYyrqh5x88jYb3I_TCUVFUopCB2zgTdGXOriPYDJD33uSw9Wlpbf919a1ne3z0Q9WJ2AYqVJmoLJnAqdja0iYo8Zx3HdZ-ZdvTEWTXqQvypDk2ncw2qKX6dYmV/s311/Fintech.jpeg" imageanchor="1" style=""><img border="0" data-original-height="162" data-original-width="311" height="145" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjctsg_bxqqa2jRuc7SRWNbxO6yGcqjIIHsFx29lst4GwAyHSQ3PC8jwnWl88-j8UFQLMzYyrqh5x88jYb3I_TCUVFUopCB2zgTdGXOriPYDJD33uSw9Wlpbf919a1ne3z0Q9WJ2AYqVJmoLJnAqdja0iYo8Zx3HdZ-ZdvTEWTXqQvypDk2ncw2qKX6dYmV/s280-rw/Fintech.jpeg" width="280" /></a></div><br />For a fintech startup in India, the best tools depend on your specific needs, such as payment processing, banking integration, compliance, analytics, and customer engagement. Here are some essential tools across different categories:<p></p><h3 data-end="283" data-start="237"><strong data-end="281" data-start="241">1. Payment Processing & Banking APIs</strong></h3><ul data-end="637" data-start="284"><li data-end="360" data-start="284"><strong data-end="298" data-start="286">Razorpay</strong> – Best for payment gateway, subscriptions, and banking APIs</li><li data-end="433" data-start="361"><strong data-end="375" data-start="363">Cashfree</strong> – Great for payouts, banking APIs, and UPI auto-collect</li><li data-end="497" data-start="434"><strong data-end="444" data-start="436">PayU</strong> – Strong for online payments and merchant services</li><li data-end="560" data-start="498"><strong data-end="510" data-start="500">Stripe</strong> – Global payments with solid API infrastructure</li><li data-end="637" data-start="561"><strong data-end="584" data-start="563">Zwitch by Jupiter</strong> – Banking-as-a-service (BaaS) for fintech startups</li></ul><h3 data-end="675" data-start="639"><strong data-end="673" data-start="643">2. Banking & UPI Solutions</strong></h3><ul data-end="909" data-start="676"><li data-end="736" data-start="676"><strong data-end="686" data-start="678">Setu</strong> – UPI, BBPS, and bank account verification APIs</li><li data-end="800" data-start="737"><strong data-end="751" data-start="739">Decentro</strong> – Virtual accounts, UPI, and lending solutions</li><li data-end="857" data-start="801"><strong data-end="811" data-start="803">Nium</strong> – Cross-border payments and forex solutions</li><li data-end="909" data-start="858"><strong data-end="874" data-start="860">Open Money</strong> – Neo-banking solutions for SMEs</li></ul><h3 data-end="940" data-start="911"><strong data-end="938" data-start="915">3. Compliance & KYC</strong></h3><ul data-end="1184" data-start="941"><li data-end="997" data-start="941"><strong data-end="953" data-start="943">Signzy</strong> – AI-based KYC, AML, and fraud prevention</li><li data-end="1061" data-start="998"><strong data-end="1014" data-start="1000">HyperVerge</strong> – Automated video KYC for digital onboarding</li><li data-end="1127" data-start="1062"><strong data-end="1074" data-start="1064">Onfido</strong> – Global identity verification and fraud detection</li><li data-end="1184" data-start="1128"><strong data-end="1138" data-start="1130">IDfy</strong> – Background verification and KYC solutions</li></ul><h3 data-end="1228" data-start="1186"><strong data-end="1226" data-start="1190">4. Accounting & ERP for Fintechs</strong></h3><ul data-end="1426" data-start="1229"><li data-end="1281" data-start="1229"><strong data-end="1245" data-start="1231">Zoho Books</strong> – Cloud accounting and compliance</li><li data-end="1341" data-start="1282"><strong data-end="1299" data-start="1284">Tally ERP 9</strong> – Trusted by Indian SMEs for accounting</li><li data-end="1426" data-start="1342"><strong data-end="1357" data-start="1344">Pay99 ERP</strong> – (Your own ERP could be enhanced with additional fintech plugins)</li></ul><h3 data-end="1474" data-start="1428"><strong data-end="1472" data-start="1432">5. Fraud Detection & Risk Management</strong></h3><ul data-end="1644" data-start="1475"><li data-end="1528" data-start="1475"><strong data-end="1501" data-start="1477">TruRisk (by Perfios)</strong> – Credit risk assessment</li><li data-end="1589" data-start="1529"><strong data-end="1542" data-start="1531">Cognito</strong> – Identity verification and fraud prevention</li><li data-end="1644" data-start="1590"><strong data-end="1614" data-start="1592">Karza Technologies</strong> – AI-driven fraud detection</li></ul><h3 data-end="1684" data-start="1646"><strong data-end="1682" data-start="1650">6. CRM & Customer Engagement</strong></h3><ul data-end="1864" data-start="1685"><li data-end="1745" data-start="1685"><strong data-end="1705" data-start="1687">Freshworks CRM</strong> – Sales & customer support automation</li><li data-end="1802" data-start="1746"><strong data-end="1759" data-start="1748">HubSpot</strong> – Marketing, sales, and customer service</li><li data-end="1864" data-start="1803"><strong data-end="1817" data-start="1805">Intercom</strong> – Chatbots and automated customer engagement</li></ul><h3 data-end="1914" data-start="1866"><strong data-end="1912" data-start="1870">7. Loan Management & Lending Platforms</strong></h3><p></p><ul data-end="2075" data-start="1915"><li data-end="1964" data-start="1915"><strong data-end="1929" data-start="1917">Lendflow</strong> – Embedded credit infrastructure</li><li data-end="2021" data-start="1965"><strong data-end="1978" data-start="1967">Finezza</strong> – Loan origination and credit assessment</li><li data-end="2075" data-start="2022"><strong data-end="2044" data-start="2024">Nucleus Software</strong> – Enterprise loan management</li></ul>

Best tool for fintech startup in india

  For a fintech startup in India, the best tools depend on your specific needs, such as payment processing, banking integration, compliance,...

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AEPS – A New Opportunities For Businesses

<div dir="ltr" style="text-align: left;" trbidi="on"> <div class="wpb_text_column " style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <div class="wpb_wrapper" style="box-sizing: border-box;"> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> In April 2018, AEPS crossed 150 million transactions. A service initiated by the NPCI to boost financial inclusion in the country has become a national phenomenon. The objective is simple – enable every Aadhar-linked bank account with facilities for account holders at places where banks couldn’t reach.</div> <div style="box-sizing: border-box;"> This initiative has opened up new avenues for businesses to reach the unbanked by expanding their network with the help of managed technology. More on this later.. Let’s see how AEPS works?</div> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4b8GahhaUUY9FtbaJPort3Wk-7MbL7oi8Y3oUkq1LSjSO6GmvxRQkcueY_lrdqHwJhu1CtsBnVgF9R6KIgTp2r0yVPx_4d9AOOIDqvgrannTFrSYJApPw7Z3VlwWrDWPb5eZk9WtiaCXL/s1600/AEPS-A-Plethora-Of-Opportunities-For-Businesses-1024x576.jpg" imageanchor="1" style=""><img border="0" data-original-height="576" data-original-width="1024" height="157" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4b8GahhaUUY9FtbaJPort3Wk-7MbL7oi8Y3oUkq1LSjSO6GmvxRQkcueY_lrdqHwJhu1CtsBnVgF9R6KIgTp2r0yVPx_4d9AOOIDqvgrannTFrSYJApPw7Z3VlwWrDWPb5eZk9WtiaCXL/s280-rw/AEPS-A-Plethora-Of-Opportunities-For-Businesses-1024x576.jpg" width="280" /></a></div> <div style="box-sizing: border-box;"> <span style="color: #25282b;">How Does AEPS Work?</span></div> </div> </div> <div class="wpb_text_column " style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <div class="wpb_wrapper" style="box-sizing: border-box;"> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> AEPS can work at any Micro-ATM or PoS (Point of Sale) through the Business correspondent of any bank using the Aadhaar authentication. To carry out transactions, customers will have to approach a business correspondent (BC).</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> The UIDAI and ID of customer are shared with NPCI for verification of details and funds. In order to carry out this business, the BC gets in touch with and agency banking network that provides him the required software and equipments to provide service.</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> So, AEPS is a huge business that involves agency banking startups that builds its own network of distributors and reach the end customers via business correspondents (BC).</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> Following are the types of transactions supported by AEPS</div> <ul style="box-sizing: border-box; list-style-image: initial; list-style-position: initial; margin: 0px 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px 0px 0.5rem;">Cash Withdrawal</li> <li style="box-sizing: border-box; margin: 0px 0px 0.5rem;">Cash Deposit</li> <li style="box-sizing: border-box; margin: 0px;">Balance Enquiry</li> </ul> </div> </div> <h2 class="vc_custom_heading" style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> <span style="font-size: small;">How Businesses Could Leverage From AEPS?</span></h2> <div class="wpb_text_column " style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <div class="wpb_wrapper" style="box-sizing: border-box;"> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> According to a report on The Times Of India, 20.1% of the population is still unbanked with 17.0% male and 23.4% female. NPCI has already initiated the<span style="box-sizing: border-box; font-weight: 700;"> AEPS service</span> that needs support from agencies and business correspondents. These businesses will include the financially unbanked people by expanding their network, with the help of agency management platforms and technology provided by companies like <em style="box-sizing: border-box;"><span style="box-sizing: border-box; font-weight: 700;">Espay</span></em>.</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> These businesses <a href="https://paisape.in/" target="_blank"><span style="box-sizing: border-box; font-weight: 700;">need agency banking platform</span> </a>that enables them to extend banking services to areas where people don’t have access to banking services. Companies need to find applications that have convenient on-boarding and enhanced controls for customer service.</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">With the help of Agency Banking Platform, businesses are able to:</span></div> <ul style="box-sizing: border-box; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px 0px 0.5rem;">Boost the financial inclusion project into various areas in the country.</li> <li style="box-sizing: border-box; margin: 0px 0px 0.5rem;">Provide satisfactory customer service with robust technology with the highest uptime and quick transactions.</li> <li style="box-sizing: border-box; margin: 0px;">Increase their network of agents and increase their earning potential.</li> </ul> <div style="box-sizing: border-box;"> Get lots of business potential owing to the number of unbanked population in India.</div> </div> </div> <h2 class="vc_custom_heading" style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> <span style="font-size: small;">The Current State Of AEPS</span></h2> <div class="wpb_text_column " style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <div class="wpb_wrapper" style="box-sizing: border-box;"> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> The Aadhaar based payment system is currently being used for public distribution system (PDS) in states like Andhra Pradesh, Gujarat and Rajasthan. According to the CEO of UIDAI, Ajay Bhushan” We are enrolling banks so that they start accepting Aadhaar based payments.” There have been 111 crore Aadhaar enrolments done. With Aadhaar card being linked to various PDS, an amount of rupees 36,000 crore has been saved in the past two years. These PDS include MGNREGA and household LPG supply.</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> The UIDAI of India is currently working with several banks in order to make merchants adapt to the new payment system. Merchants who make use of mobile-based applications for cashless transactions would receive a commission up to 1% of the transaction value. Also, different banks provide different rewards to business correspondents based on their performance.</div> <div style="box-sizing: border-box;"> For example, Vidharbha Konkan Gramin Bank provides 0.5% of the money to the correspondent when money is deposited through PoS terminals.</div> </div> </div> <h2 class="vc_custom_heading" style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> <span style="font-size: small;">How Does The Future Of AEPS Look?</span></h2> <div class="wpb_text_column " style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <div class="wpb_wrapper" style="box-sizing: border-box;"> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> This biometric based payment system is expected to allow lakhs of Indians to pay for various services and products digitally, anywhere in the country.  With AEPS, buyers will not need internet-connected credit/debit cards, digital wallets or even mobile phones. The merchants will just have to install the BHIM Aadhaar mobile application on their phones and carry biometric reading devices along with them. This will prove to be very convenient for both, the buyers and sellers while making faster and verified payments.</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> Million-plus shops have been identified and about 100,000 mobile phones or terminals are already active. Banks are already looking to meet the targets provided by the RBI. So, it becomes evident that banks are looking for agent networks with a huge reach. Just have a look at the number of the POS built by major bank in the year 2018</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">Bank Of Baroda:</span> 72,880</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">Corporation Bank:</span> 1,56,378</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">State Bank of India:</span> 6,18,452</div> <div style="box-sizing: border-box; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">Axis Bank Ltd:</span> 5,05,792</div> <div style="box-sizing: border-box;"> The numbers are increasing and it shows that banks want more and more players who have the right set of technology and network to carry out their business. At Espay, we develop innovative solutions for agencies and enterprises to carry out their business operations smoothly.<u style="box-sizing: border-box;"><a href="https://paisape.in/" target="_blank">Contact us</a></u> now and know how you could get started with AEPS business.</div> </div> </div> <div class="wpb_text_column " style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <div class="wpb_wrapper" style="box-sizing: border-box;"> <div style="box-sizing: border-box;"> Image Source: (https://www.npci.org.in/)</div> </div> </div> </div>

AEPS – A New Opportunities For Businesses

In April 2018, AEPS crossed 150 million transactions. A service initiated by the NPCI to boost financial inclusion in the country has be...

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Bharat Bill Payment System (BBPS) – Current and Future Status

<div dir="ltr" style="text-align: left;" trbidi="on"> <h2 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 0px;"> <span style="font-size: small;">Introduction To BBPS</span></h2> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">The BBPS is an integrated platform that connects banks and non-bank financial corporation in bill aggregation business like payment service providers, billers, retail bill outlets and more.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">NPCI is the authorized <span style="box-sizing: border-box; font-weight: 700;">Bharat Bill Payment Central Unit</span> (BBPCU) that undertakes clearing and settlement activities related to the transactions within BBPS.</span></div> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4UOSMZwbkihvoBuHcQ61zaTWScoPRYhpO0MFZZ271uNk_umELurHRWlZZTmEKi0Y-KedLJxexbOFLbcVJm5aQIoNR3cDiRgqRupJaDoKw6ECH2fHxyFqL440iGVRnmYw0hbriWwZh6KhT/s1600/Bharat-Bill-Payment-System-BBPS-Current-and-Future-Status-1024x576.jpg" imageanchor="1" style=""><img border="0" data-original-height="515" data-original-width="1024" height="140" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4UOSMZwbkihvoBuHcQ61zaTWScoPRYhpO0MFZZ271uNk_umELurHRWlZZTmEKi0Y-KedLJxexbOFLbcVJm5aQIoNR3cDiRgqRupJaDoKw6ECH2fHxyFqL440iGVRnmYw0hbriWwZh6KhT/s280-rw/Bharat-Bill-Payment-System-BBPS-Current-and-Future-Status-1024x576.jpg" width="280" /></a></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="color: #25282b;">Who Can Become A Part Of BBPS</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">Bharat Bill Pay Agent-Institutions</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">Once individual get listed as an official Bharat BillPay Agent-institutions of <span style="box-sizing: border-box; font-weight: 700;">Bharat BillPay</span>, consumers will love the easiness in bill payments. Also, it offers a great prospect to improve the trust of consumers. BBPS enables to form strong customer relationships and empowers a business network.</span></div> <h3 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> <span style="font-size: small;">Benefits of being Bharat Bill Pay Agent-Institutions:</span></h3> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Single point access to all Billers on all payment channels (digital and physical</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Potential to offer new Value Added Services like Online Presentment</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Expand reach to customers through various channels- both digital and physical</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Revenue Opportunity and low cost/transactions</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Timely and Guaranteed Settlement</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Admin Portal- Canvas for Consumer Complaint & Dispute Management</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Easier Reconciliation</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Standard Interface and Consolidated Reports</span></li> </ul> <h3 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> <span style="font-size: small;">BILLERS/Utility Companies</span></h3> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">With <a href="https://en.wikipedia.org/wiki/Bharat_Bill_Payment_System" style="background-color: transparent; box-sizing: border-box; color: #2870f9; text-decoration-line: none; transition-duration: 0.3s; transition-property: background-color, box-shadow, border, color, opacity, transform;" title="BBPS Introduction"><span style="box-sizing: border-box; font-weight: 700;">Bharat Bill Payment System</span></a> (BBPS), you can receive your bills quicker as well as tracking every payment. It delivers a broader reach via multiple channels of payment and aids to earn the trust of consumers.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box; font-weight: 700;">As a BBPS Biller, Enjoy Easier Integration</span></div> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Lower Capex and Opex due to reduced investments.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Broader reach via multiple channels.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Enhanced liquidity position because of quicker payment receiving.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">No need to integrate with more than one BBPOUs.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Fewer entry barriers for small billers or ones restricted to small geo locations.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">BBPS assures payment info and different payment transactions settlement at selected intervals via official entities. This confirms that there is no separate requirement for bank assurance.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">A responsive grievance redressal system (CMS and DMS) to make the system more responsive as well as progressively free from errors.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Adequate business and technical MIS that may assist in evaluating customer behavior and system performance of biller partners.</span></li> </ul> <h4 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> Customers</h4> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">Pay from anywhere, anytime through India with great ease and safe payments. No more troubles to manage each bill individually.</span></div> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Consumers can pay bills of any biller at a single point with its broad agent network leading easy accessibility. (Online as well as offline- Branches, BCs, customer service points, retail agents of aggregators, ATMs (Automated Teller Machine), Kiosks etc.)</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">With BBPS, customers no longer need to stand in long queues.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; list-style-type: none; margin: 0px;"><ul style="box-sizing: border-box; list-style: disc; margin: 0.5rem 0px 0px 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Wider biller options are available on a single platform.</span></li> </ul> </li> </ul> <ul style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1.5rem 2.5rem; padding: 0px;"> <li style="box-sizing: border-box; margin: 0px;"><span style="box-sizing: border-box;">Consumers can pay through multiple modes (Cash, Debit/Credit Cards, Prepaid instruments containing wallets and other e-payment choices like Net Banking, IMPS and NEFT etc.)</span></li> </ul> <h4 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> Growth Of BBPS (Bharat Bill Payment System)</h4> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">The BBPS (Bharat Bill Payment System) almost doubled the number of bills paid via the platform in Dec 2017 to 19 million transactions from 10 million in April, when the pilot was launched.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">Professional services firm KPMG has highlighted this in a BBPS report, which is flaunted to be a <span style="box-sizing: border-box; font-weight: 700;"><a href="https://paisape.in/" target="_blank">one-stop bill payment solution</a></span> for Indian customers, the preliminary successes of the platform and it’s potentially specified that it has integrated 60 billers already.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">NPCI data advises that 99 percent of the transactions were positive, and only 0.14% doubtful.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">The report represents that in terms of volume the share of transactions done for <span style="box-sizing: border-box; font-weight: 700;">telecom postpaid bills stands at 46.8%</span>, followed by <span style="box-sizing: border-box; font-weight: 700;">DTH (direct-to-home) at 32%</span> and <span style="box-sizing: border-box; font-weight: 700;">electricity at 19.4%</span>. In terms of the value of bills paid, electricity was ahead of all other sectors, at 54.7%.</span></div> <h4 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> Future Scope Of Bharat Bill Payment System</h4> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">The value of bills paid on the platform flown almost 46% to Rs. 2,690 crore in Dec from Rs. 1,843 crore in April. This was still a quite small share of the entire market of bill payments, which is predictable to raise to Rs 9.4 lakh crore by the end of 2020 from Rs 5.8 lakh crore in 2016.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">As per the report on Livemint, AR Ramesh, the chief project officer of BBPS has said that the NPCI is also seeing to receive approvals from the RBI for other categories of periodic payments like fee payments, once-a-month installments and mutual fund payments which can ultimately be provided on the Bharat Bill Payment System.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">The Financial Express also reported that at a later stage, NPCI will look at adding small-value suppliers who raise bills of a recurring nature, subject to regulatory approvals for on-boarding such billers, Ramesh said.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">According to Ramesh, the objective has been to rapidly enhance the biller base to enable easier bill payment for consumers under one single ecosystem. Payments through BBPS may be made using cash, transfer cheques, and electronic modes. Bill aggregators and banks, which function as operating units, carry out these transactions for the customers.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">In February, consulting firm KPMG had said in a report on BBPS that <em style="box-sizing: border-box;">telecom postpaid bills constituted a chunky 47% of BBPS transactions in December 2017</em>, followed by DTH bills, which accounted for another 32%.</span></div> <h3 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> <span style="font-size: small;">Technology For BBPS</span></h3> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">In order to carry out the BBPS effectively, you need a strong network of agents across multiple areas in the region you are looking to serve. In order to manage your network and to ensure swift transactions for end customers, you need the technology that is not only fast but also user-friendly and meets your conditions for business. A <span style="box-sizing: border-box; font-weight: 700;"><a href="https://paisape.in/" target="_blank">BBPS platform developer</a></span> will help you with this.</span></div> <h4 style="background-color: white; box-sizing: border-box; color: #25282b; font-family: Tahoma, Geneva, sans-serif; font-weight: 400; line-height: 1.4; margin: 0px 0px 1.5rem; padding-top: 1rem;"> Conclusion</h4> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif; margin-bottom: 1.5rem;"> <span style="box-sizing: border-box;">BBPS is here to stay for long as there are several unbanked populations in India that still need to avail the services of third-party to pay their bills. Businesses still have a huge opportunity to reach this population with effective services with strong networking and robust technology.</span></div> <div style="background-color: white; box-sizing: border-box; color: #4f5459; font-family: Tahoma, Geneva, sans-serif;"> <span style="box-sizing: border-box; font-weight: 700;">Image Source: (https://digitizeindia.gov.in/)</span></div> </div>

Bharat Bill Payment System (BBPS) – Current and Future Status

Introduction To BBPS The BBPS is an integrated platform that connects banks and non-bank financial corporation in bill aggregation busin...

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Mobile & DTH Recharge Scope

<div dir="ltr" style="text-align: left;" trbidi="on"> <h5 style="background: url("../images/arrow_down.png") right center no-repeat rgb(255, 255, 255); border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-width: 1px 0px; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 16px; font-weight: normal; line-height: 1.4em; margin: 0px; outline: 0px; padding: 2px 2px 2px 0px; text-align: justify; vertical-align: baseline;"> The Pre-Paid Recharge Industry</h5> <div style="background: rgb(255, 255, 255); border: 0px; color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 13px; line-height: 18px; margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"> <br style="margin: 0px; outline: none; padding: 0px;" /> The telecom industry in India is growing at breakneck speed, and the majority of the growth is contributed by the wireless or mobile segment.</div> <div style="background: rgb(255, 255, 255); border: 0px; color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 13px; line-height: 18px; margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvj1KwzF-6SGHg3d1gPGNQHGb6D5FuHgPXMtHdIH_tlv2BYeoHs7vJRh-2EC-SUYrXsK-CA5T0B93Yhsy_Uo_UsBchxa1Yrq-2AuU0O0gsB8FpMOr7NrYhw3pZYY2shnbvwLaEc8tHUr6N/s1600/mobile1.png" imageanchor="1" style=""><img border="0" data-original-height="171" data-original-width="294" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvj1KwzF-6SGHg3d1gPGNQHGb6D5FuHgPXMtHdIH_tlv2BYeoHs7vJRh-2EC-SUYrXsK-CA5T0B93Yhsy_Uo_UsBchxa1Yrq-2AuU0O0gsB8FpMOr7NrYhw3pZYY2shnbvwLaEc8tHUr6N/s1600-rw/mobile1.png" /></a></div> <br /></div> <div style="background: rgb(255, 255, 255); border: 0px; color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 13px; line-height: 18px; margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"> As per the TRAI latest release India is having <span class="redbold" style="background: transparent; border: 0px; color: red; font-weight: bold; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">91 Cr</span> Telecom Subscribers out of <span class="redbold" style="background: transparent; border: 0px; color: red; font-weight: bold; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">88 Cr</span> are Mobile Subscribers. What is even more interesting is that a majority of the wireless connections, almost 95% of them are prepaid</div> <div style="background: rgb(255, 255, 255); border: 0px; color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 13px; line-height: 18px; margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"> Given an ARPU of around Rs 300, we can assume that an average recharge is Rs 300 per month, or Rs 3600 per year. Based on these numbers, the recharge industry size works out to be approximately <span class="redtxt" style="background: transparent; border: 0px; color: red; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Rs. 3 Lakh Cr per year</span>.</div> <div style="background: rgb(255, 255, 255); border: 0px; color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 13px; line-height: 18px; margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"> Talking of DTH, though the number of players in this sector are few, they are also reportedly expanding at 50-60%. India's TV viewership is believed to be the second highest in the world and is expected to swell up to <span class="redbold" style="background: transparent; border: 0px; color: red; font-weight: bold; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">5 – 6 Cr </span>by the end of 2012. The installed base of DTH is very small compared to this number. So, this space also remains mostly untapped and could offer a big opportunity.</div> <div style="background: rgb(255, 255, 255); border: 0px; color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 13px; line-height: 18px; margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"> <br /></div> <h5 style="background: url("../images/arrow_down.png") right center no-repeat rgb(255, 255, 255); border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-width: 1px 0px; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 16px; font-weight: normal; line-height: 1.4em; margin: 0px; outline: 0px; padding: 2px 2px 2px 0px; text-align: justify; vertical-align: baseline;"> Pre-Paid Recharge Industry Landscape</h5> <ins class="adsbygoogle" data-ad-client="ca-pub-4480765973865409" data-ad-format="auto" data-ad-slot="2799050375" data-full-width-responsive="true" style="display: block;"></ins><table class="table-100" style="background: rgb(255, 255, 255); border-collapse: collapse; border-spacing: 0px; border: 1px solid rgb(109, 155, 223); color: #666666; font-family: "Lucida Grande", "Lucida Sans Unicode", Geneva, Verdana, sans-serif; font-size: 13px; font-stretch: normal; line-height: 20.8px; margin: 15px; outline: 0px; padding: 0px; text-align: justify; vertical-align: baseline;"><tbody style="background: transparent; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"> <script async="" src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> <!-- mysmartcitizen_main_Blog1_1x1_as --> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script> <tr style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; height: 26px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><th colspan="2" style="background: rgb(109, 155, 223); border: 0px; color: white; height: 29px; margin: 0px; outline: 0px; padding: 0px 10px; text-align: left; vertical-align: baseline;"><strong style="background: transparent; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Pre-Paid Recharge Industry Landscape</strong></th></tr> <tr class="row-a" style="background: rgb(248, 248, 248); border: 0px; height: 26px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;" width="289">Mobile connections in India</td><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;" width="314">88 Cr</td></tr> <tr class="row-b" style="background: rgb(239, 239, 239); border: 0px; height: 26px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Prepaid connections (95%)</td><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">83.6 Cr</td></tr> <tr class="row-a" style="background: rgb(248, 248, 248); border: 0px; height: 26px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Average recharge per month per person</td><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Rs. 300</td></tr> <tr class="row-b" style="background: rgb(239, 239, 239); border: 0px; height: 26px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Average recharge annually per persong</td><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Rs. 3600</td></tr> <tr class="row-a" style="background: rgb(248, 248, 248); border: 0px; height: 26px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: transparent; border: 1px solid rgb(229, 238, 240); margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Total Recharge Industry</td><td class="redbold" style="background: transparent; border: 1px solid rgb(229, 238, 240); color: red; font-weight: bold; margin: 0px; outline: 0px; padding: 0px 8px; vertical-align: baseline;">Rs. 3,00,960 Cr (3 Lakh Cr)</td></tr> </tbody></table> <h5 style="background: url("../images/arrow_down.png") right center no-repeat rgb(255, 255, 255); border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-width: 1px 0px; font-family: "Lucida Grande", "Lucida Sans Unicode", Arial, Verdana, sans-serif; font-size: 16px; font-weight: normal; line-height: 1.4em; margin: 0px; outline: 0px; padding: 2px 2px 2px 0px; text-align: justify; vertical-align: baseline;"> </h5> </div>

Mobile & DTH Recharge Scope

The Pre-Paid Recharge Industry The telecom industry in India is growing at breakneck speed, and the majority of the growth is contribut...

Read more »