Why XPay Life is the best platform for multi-utility bill payment

The bill payment sector has experienced a metamorphosis in the past decade and has come out to be more accessible, ubiquitous and highly secure through government initiatives like Unified Payment Interface. Prior to this, the bill payment industry was fragmented and people used to stand in long queues and a day was meant for bill payment like cesc electric bill payment in the families. But with the smartphone influx and government policies for making the less-cash economy and paperless economy. BBPS is one such government initiative to provide a highly secure unified payment platform for the Customers.

XIPHIAS XPay Life Pvt Ltd is providing a myriad of bill payment options like website, app, bill payment kiosk, POS machines and Mobile Vans. The mobile application and website are catering to online users vastly. The improvisation is that the app and website are built on the most secure technology of blockchain which is highly resistant to the change and secures the customer identity and data. The bill payment kiosk accepts cash as a bill payment mode along with accepting credit/debit cards for payment to pay landline bills and be digital by accepting cash.

The blockchain technology consists of a series of blocks of data in a chain through entities called as hash, the hash is as unique as a human fingerprint. Hence each block is assigned with hash of the block, the hash of the previous block and the actual data, Hence if there is an attempt to tamper any data, immediately the system will recognize the malware. Hence breaking the secure walls of blockchain technology us near to impossible and this technology of the future is used in XPay Life bill payment transactions and for BSNL broadband postpaid bill payment.

The POS machine bill payment is also possible with the XPay Life wherein the bill payments can be processed by the retail owners or XPay Life agents who will be doing door-to-door payment service. This is changing the technological dependency of the previous innovations and choosing the new innovations that aid in QR code payment, credit/debit card, and cash payments.

Jio Postpaid Bill Payments can also be made through the Mobile Vans which will be a payment channel that is BBPS assured and will be the most prevalent way to pay bills in rural areas with the payment through cash is considered as digital and this realizing the Digital India mission.