MobiKwik, a fintech firm, announced that it has partnered with NPCI’s Bharat BillPay to offer ClickPay to its consumers. MobiKwik clients can use ClickPay to pay recurring online bills like mobile, gas, water, electricity, DTH, insurance, and loan EMIs without having to recall individual bill details and due dates.
Billers generate a unique payment link within the bill-pay message and deliver it to the customer, allowing them to make payments immediately on the payment page.
Many bill payment firms and utility service providers have partnered with NPCI BharatPay to offer ClickPay to their customers after the Reserve Bank of India’s (RBI) regulation on obligatory two-factor authentication for recurring payment mandates disrupted auto-debit payments.
“We are glad to launch the ClickPay facility with MobiKwik. This facility has been providing an all-new dimension to regular bill payments for millions of customers in India. We believe this initiative will offer a memorable transaction experience to MobiKwik customers for all their bill payments backed up by enhanced convenience and safety. Our association with MobiKwik is a step ahead to provide a wider reach to ‘ClickPay’ in the country and empower customers to pay all their bills seamlessly without having to worry about the amount and due dates via this unique functionality,” said Noopur Chaturvedi, CEO, NPCI Bharat BillPay Ltd.
MobiKwik uses the Bharat Bill Payment Services platform. According to the company, the RBI granted the company permission to function as a Bharat Bill Payment Operating Unit in 2019.