HSBC India joins BBPS Platform

 

HSBC India vide a News Release on July 13th, 2020 announced to the public at large that its customers now can pay real-time bill payments via BBPS (Bharat Bill Payment Systems).

This facility is available to its customers on Net Banking and Mobile Banking Applications.

This allows customers to add and pay their bills in real-time and set up a schedule of payments or recurring bill payments.

The BBPS Module is integrated into the upgraded Digital Secure Access platform, for an enhanced and secure digital banking experience for customers.

These services allow HSBC Bank's customers to register online in a simplified manner and save their device / browser for enhanced security, amongst others.

HSBC Personal banking customers can read the process flow here, before proceeding to register the biller of their choice.

This integration will enable HSBC customers to pay their bills  from their bank accounts, instead of relying on old fashioned way i.e Cash or Cheque.

So, if you are a HSBC customer what are you waiting for, log into your HSBC Bank account and do the first bill payment.

HSBC serves its customers in India through three global businesses:

1. Retail Banking and Wealth Management

2. Commercial Banking

3. Global Banking and Markets

The Bank offers a wide range of services and products to resident as well as non-resident Indian customers based in various countries across the globe through its Retail Banking and Wealth Management wing.

BBPS targets are HSBCs Retail Banking and Wealth Management customers, rather than Commercial Banking and Global Banking and Markets customers.

 Of course, if any employees of corporates serviced by Commercial Banking and Global Banking and Markets hold HSBC Retail Banking customers, they can experience the Joy of BBPS.

 

Image courtesy: HSBC