A lot has changed in the payment world recently. With a population of over 1.25 billion people who are eagerly participating in Bill Payments using different modes of payments, India is witnessing a revolutionary transformation in the way bills are being paid. If experts are to be believed, this is only a beginning and lots more are in the process to make it conducive for the customers to make Easy Bill Payment Online.

Multi-Utility Bill Payment and Recharge form a major component of transaction wherein cash continues to dominate. However, the existing system does not address the demands of rural and urban Indian simultaneously. To serve each and every section of our country, XPay.Life has launched a full spectrum of Bill Payment through Touch Screen Kiosk, Web, Mobile App and POS Device.

If customers want to pay an electricity bill, they can Pay Electricity Bill online and offline mediums. They can choose to go nearby Touch Screen Kiosk and pay using cash or through POS device. If not, Pay Electricity Bill Online through the web (www.xpay.life) or can download XPay.Life iOS and Android Mobile App, for paying utility bills.

XPay.Life has fundamentally changed the way customers manage their payments by providing a platform that includes both, online as well as offline payment. For digital payment, XPay.Life enables all national and international bank payment, UPI, debit and credit card, Net Banking and Wallets. Choose the best medium for you and make the payment in a go. XPay.Life is the only app that offers only Utility Bills Payment including Electricity, Mobile, Gas, Water, Landline, Broadband, and DTH.

Leave all your worries of a safe and secure transaction as XPay.Life has integrated Blockchain based transactional framework that ensures the most secure payment along with respecting the privacy of consumers. Blockchain ensures the transparency of each payment keeping data 100% secure.

For more details visit here : https://www.xpay.life/

Source : http://blog.xpay.life/2019/06/xpaylife-establishes-bill-payment.html

India has traditionally been a cash-centric economy, and the contribution of cash for bill payment has witnessed ups and downs in recent years. As per Google – BCG Report, over a period of 5 years from 2005-2010, the rate of decline in cash contribution was 0.8 per cent whereas from 2010-2015, the same metric was at 2.6 percent, indicating a rapid increase in adoption of non-cash instruments such as online payment using net banking, debit and credit card, UPI and wallets. Considering a big picture of customers and their true needs, XPay.Life has launched a platform to pay all the utility bills using Blockchain Secure Payment Gateway through Cash as well as Digital Payment Channels.

Defining an economically viable and sustainable model is the major challenge of any payment service providers. In India, where digital payments compete with cash, which has no “visible cost” to the user, XPay.Life has launched multi-utility bill payment via physically installed Touch Screen Kiosk. Users can pay their bills such as electricity, water, gas, mobile, landline, broadband, and DTH using cash as well as UPI, credit and debit card, Net Banking and wallet.

Apart from Touch Screen Kiosks for bill payment, XPay.Life has launched web portal http://www.xpaylife.com, iOS & Android mobile app and POS device for Easy Bill Payment Online We have integrated all the major operators and bills can be paid in a maximum of three steps. Blockchain Secure Online Bill Payment ensures the enhanced security and faster settlement of processes which further improves traceability and transparency of transactions.

Looking beyond, offering cash as well as digital payment channels is the winning agenda in the present scenario and XPay.Life is successfully offering both the options to win maximum numbers of customers/users.

For more details visit here: https://www.xpay.life/

Source : https://blog.xpay.life/2019/06/india-has-traditionally-been-cash.html