An Analysis of BBPS June 2020 Daily Volumes
Topline: The focus is on moving 90% of Retail Bill
Payments to BBPS in the next 5 years.
- BBPS Volumes tend to go down on Sundays. Is it because bank account holders prefer to postpone not so important bill payments to the next working day?
- BBPS Volumes tend to go up on Mondays. Is it because pending bills are verified on Sundays and the payments made on Mondays?
- BBPS average transaction value goes up during month ends. Is this because overdue bills are paid by the month end to avoid defaults?
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