Bill payments that work at scale
Transakt BBPS gives your team one clean flow for bill presentment collection and settlement. It runs on an interoperable NPCI network with instant confirmations support for many payment modes and a standard dispute process that banks and partners already trust. Clearing and settlement are handled centrally which cuts day end work for finance.
- Instant confirmation and receipt
- Wide biller coverage across key categories
- Many payment modes across digital and assisted channels
- Standard dispute and refund flow
- Central clearing and settlement to cut reconciliation
- Live status checks and webhook alerts
Transakt
How BBPS helps your team move faster
Real time proof on every payment
Give customers a smooth way to pay any bill. BBPS confirms each payment in seconds and issues a digital receipt that your support team can trust. No back and forth. No blind spots.
We match each payment to the right biller and pull status updates as they change. Settlements arrive on a clear schedule and exports drop straight into your books. Your team spends time on decisions not downloads.
Hands on experts for BBPS rollout
Work with a team that lives and breathes bill payments. We handle onboarding with NPCI, map billers the right way, watch jobs and alerts, and keep things stable as you scale. Clear SLAs and real support so your team does not chase tickets. When you need help, you get it fast.
what you get
What is included in BBPS
You get a clear way to present bills collect payments confirm in real time and settle on time. Here is what comes in the box.
Biller coverage and onboarding
Start with a guided setup that your team can own without calling engineering for every step. We help you choose the biller categories that matter to your customers and map biller codes the right way. For each biller we show supported fields payment options required checks and the format of the receipt so there are no surprises later. Use the sandbox to load sample bills run through the full flow and confirm that messages and receipts look correct. Invite teammates set clear roles and approvals and move to live traffic with confidence. The goal is a clean start and fast value from day one.
Payment flows and channels
Give customers a simple way to find their bill and pay in seconds. Offer search by account number or phone and show dues without confusion. Support UPI cards net banking wallet and assisted channels so people can pay anywhere they are. We handle session rules timeouts and retry logic so the experience stays smooth when networks are busy. Each payment returns a real time status and a digital receipt that is easy to read. You can theme the screens to match your brand and add small touches like saved billers and reminders. The focus is a journey that just works.
Settlement and reconciliation
Once a bill is paid the money and the message move on a clear schedule. We pull status updates from the network and match each payment to the right biller and customer. Your dashboard shows daily totals expected settlements and any items that need a look. Statement files and reports are ready in tidy formats so finance can drop them into the books without manual work. You can set simple rules for fetch times and alerts for low balances or missing files. The result is faster close fewer surprises and a shared view across product and finance teams.
Disputes refunds and support
When something needs review there is a defined path. Your team can raise a case with the biller through the network using standard reason codes and clear steps. Customers see the status of a case and get updates without chasing your support line. For refunds the system follows network rules and keeps records that are easy to audit. Notes and files stay attached to each case so handoffs are smooth. We also give you playbooks and response templates so your team answers in a steady voice. The outcome is lower effort for your staff and a better experience for the customer.
THE PROOF IS IN THE NUMBERS
Why BBPS with Transakt moves the numbers
98.5%
Successful payments across priority billers
6 second
Median time from pay to confirmed with digital receipt
1.5 Billion+
Bills processed each month across electricity telecom gas credit cards and more
FAQ
FAQs about BBPS
Quick answers to common questions about setup security and day to day use.
You get sandbox keys first. We share a short checklist for biller mapping and required fields. Your team plugs in our APIs for bill fetch and payment, sets webhook URLs, and tests a few flows end to end. Once checks pass, we switch to live keys and monitor the first week closely.
BBPS follows a standard clearing cycle. You see expected settlement dates in the dashboard and we post final files when they land. Most billers settle T plus one or T plus two. You can export reports by day, biller, or partner to close books faster.
There is a defined path. You raise a case with a reason code, attach notes or files, and track status in one place. Confirmed refunds follow network rules and show up in your reports. Customers get a digital receipt and a clear update when the case is closed.
Simple per transaction pricing with volume tiers. No setup fee for sandbox. Enterprise plans come with a named account manager, custom limits, and stricter SLAs. Share your expected volume and biller mix and we will send a precise quote.
