back Back

Kotak and NPCI partner to enable customers to pay credit card dues via Bharat BillPay

By Leandra Monteiro

October 21, 2022

  • Bill Payments
  • Credit Card
  • Credit Card Biller
Share

Kotak Mahindra Bank, Kotak, NPCI NPCI Bharat BillPay Ltd. (NBBL), the wholly owned subsidiary of National Payments Corporation of India recently announced that it has partnered with Kotak Mahindra Bank Limited to introduce its credit cards on the Bharat BillPay ecosystem.

The cards will be introduced in the Credit Card Biller category. Through this integration, Kotak customers will now be empowered to seamlessly make their credit card bill payments via Bharat BillPay.

Kotak Mahindra Bank has become the first private bank to go live in the credit card category on Bharat BillPay ecosystem. With this, Kotak credit cardholders will be able to pay their credit card bills at any point in time from any given location through Bharat BillPay-enabled channels like – ICICI Bank, Axis Bank, HDFC Bank, IDFC Bank among others, and get instant confirmation on payments. Customers will only be required to input the last four digits of their credit card and their mobile number and the Bharat BillPay ecosystem will automatically retrieve details like customer’s name, total bill amount due, minimum amount due, bill payment due date, etc which will make the entire payment experience convenient and seamless.

Ambuj Chandna, President – Consumer Assets, Kotak Mahindra Bank said, “We are delighted to partner with NPCI Bharat BillPay Limited to offer our valuable customers a perfect window for securely making online payments to their Kotak Credit Card. Kotak is at the forefront of providing ease and convenience in the lives of our customers through digital innovations and offerings. With this partnership, we offer our customers a smooth and hassle-free payment experience.”

Noopur Chaturvedi, CEO, NBBL said, “The customers today want choice of channels and mode, and indeed full and interoperability while payment their payments, and Credit Card customers are no different. As Bharat BillPay continues to forge partnerships with forward-looking and technologically advanced ecosystem players, we are delighted to add Kotak credit card amongst this list. We believe this partnership with Kotak Mahindra Bank Limited would benefit a large number of customers with easy credit card bill payments across channels. We are committed towards achieving the vision of completely overhauling the bill payments experience in India through digitisation, and this is an important step in that direction.”

Previous Article

October 20, 2022

PPRO rolls out its orchestration layer launching 2 new products

Read More
Next Article

October 21, 2022

MoI and Lulu Money collaborate to deploy digital KYC service

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

Bill Payments

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Today

Tiqmo partners with Mastercard to issue prepaid cards in Saudi Arabia

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023