SBI Unipay (BBPS) – One Stop Solution for Bill Payments and Collections
Bharat Bill Payment System is a Reserve Bank of India (RBI) conceptualized ecosystem driven by National Payments Corporation of India (NPCI). It is a one-stop ecosystem for all recurring bills providing an interoperable and accessible “Anytime Anywhere” recurring payment service to all customers across India with certainty, reliability, and safety of transactions.
Bharat BillPay enables the consumers of banks and non-banks across India to make bill payment via their preferred mode of channel like Mobile App, Mobile Banking, Website/Pre-login, ATM, Internet Banking, KIOSK, Physical centres like Agent, Bank-Branch, Business Correspondents.
SBI as Operating Unit on BBPS :
State Bank of India has been registered as an operating unit under BBPS and started as a Customer Operating unit in 2017. SBI has developed its application “SBI UNIPAY” to function as both Customer Operating Unit and Biller Operating Unit under BBPS.
SBI Unipay for Customers
Customers can make bill payments through below mentioned channels of Banks
Online SBI (Retail INB)
Business Correspondents / Customer service points
Salient Features :
Interoperable (Connecting all billers at one place)
24x7 anywhere utility for bill payments & recharges.
Instant confirmation of bill payments in the form of SMS/email/print out.
SBI Unipay facilitates payments via multiple modes i.e. Net banking, Debit Card, UPI, Credit card, direct debit etc.
Nil charges for any bill payments through digital mode.
SBI Unipay for Billers
SBI Unipay support available for Biller onboarding under the below categories –
Mobile (Prepaid & Postpaid)
Municipal Services / Taxes
GAS (LPG & Piped Gas)
Clubs & Associations
Metro/ NCMC Recharge
Hospital & Pathology
Salient Features :
One point access Integration
Wider reach through multiple channels and payment modes.
Biller portal for MIS generation and real time transaction monitoring.
Improved liquidity due to faster payment collection.
Cost effective (Flat fee compared to Ad Valorem)
Supports both Offline and Online biller integration.