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HDFC Life Goes Live with Bharat Bill Payment System (BBPS) & Quick Register

HDFC brings two new service offerings – payment integration with Bharat Bill Payment System and auto payment registration facility – Quick Register.

HDFC Life has deployed technology to provide superior service offerings to customers. The company has launched two new service offerings – payment integration with Bharat Bill Payment System and auto payment registration facility – Quick Register.

DFC Life has gone live with Bharat Bill Payment System, India’s first integrated bill payment system which is a Reserve Bank of India (RBI) conceptualized system, driven by National Payments Corporation of India (NPCI) that offers interoperable and accessible bill payment service to consumers via digital (bank channels) as well as through a network of agents & bank branches enabling multiple payment modes, and providing instant confirmation of payment.

HDFC Life also launched an online auto payment mandate registration facility – Quick Register. A paperless, secure and on the spot mandate registration facility that enables customers to register auto debit on net banking, debit card and credit card.

To avail this service, a customer needs to visit the Quick Register page and enter the policy number and date of birth as mandatory data to proceed for registration. The registration involves authentication of bank account or card details. This eliminates the requirement to submit any physical mandate at any of the HDFC Life branches, and avoid rejections primarily due to signature mismatch thereby improving the overall turn-around-time to register mandate with Bank and offer a seamless experience. This is a simple 3-click registration which does not take more than 2 minutes.

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