Now for the good news – what if you could automate this process to manage your bills seamlessly, get reminded of due dates and fresh bill generation and reward them for clearing? Does this sound too good to be true?
RBI recently announced that the scope of Bharat Bill Payment System (BBPS) will soon be expanded to cover all categories of payments and collections of recurring and non-recurring nature.
With CRED as a Principal Agent Institution for Bharat Bill Pay System (BBPS), you can make recurring payments on utility bills including Electricity, Mobile Postpaid, Broadband, DTH, Water & Gas, Education Fees, Municipal Tax, Netc can use the app. Fastag Recharge, Loan EMI, Insurance Premium, Membership Fee and Mobile Prepaid Recharge, among others.
Here’s why you should consider paying your bills on CRED:
- Use one platform to pay all your bills: CRED has extended its seamless payment experience to bill payments through BBPS, allowing you to manage multiple payments from a single platform. This reduces friction and increases convenience.
- Leverage insights to make better financial decisions: If you’re opting to pay your bills through a credit card, tools like CRED Protect and Smart Statement (if activated) help them track your card journey. Can help – Due date reminders, insights on spending patterns and other card usage statistics.
- Get Rewarded: CRED in partnership with BBPS has launched the Sure Rewards campaign from 12th to 16th December 2022. During this time, pay your bills on CRED and stand a chance to win up to Rs.10,000 as cashback.
Sold at a profit? Follow this step-by-step guide to pay your bills on CRED:
- Open the CRED app (if you are not a member, you can download app) and hit the ‘Pay’ tab
- Select the category of bills you wish to pay
- Enter biller and account details
- Check or enter your payment amount. You have the option of paying using UPI or your credit card
- Set reminders to receive timely notifications and never miss a payment again!