Compare Interkassa vs. Bharat Bill Pay

Bharat Bill Pay

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What is Interkassa?

Interkassa is a global payment aggregator that facilitates over 70 different payment methods across more than 100 currencies. This service enables users to receive payments online, through mobile applications, or via cashless transactions in physical locations. Among the popular payment solutions offered are Apple Pay, Google Pay, and QR code transactions. The company operates in various regions, including Ukraine, the CIS (with the exception of Russia and Belarus), Europe, and Latin America, as well as in parts of Africa and Asia. Interkassa is known for its attractive pricing structures, continuous customer support, and the ability to integrate easily through API or pre-existing CMS plugins. Established in 2009, the company has successfully supported over 4,000 businesses and currently processes around 10 million transactions each month, demonstrating its significant presence in the payment services market. As the digital payment landscape continues to evolve, Interkassa remains committed to adapting its offerings to meet the needs of its diverse clientele.

What is Bharat Bill Pay?

Bharat Bill Payment Operating Units, or BBPOUs, are officially sanctioned entities that function under the guidelines set by the BBPCU. Authorized by the Reserve Bank of India, these units are pivotal in providing bill payment and aggregation services within the framework of the Bharat Bill Payment System (BBPS). Exclusively, BBPOUs have the authority to onboard billers and agents, as well as to create networks and digital platforms that enable various methods of bill payment. They serve as a consolidated access point for customers to interact with all billers, offering both digital and physical payment options, which significantly broadens their reach. In addition to this, BBPOUs can also implement innovative value-added services, such as online bill presentment and payment reminders, enhancing the user experience even further. Their efforts in acquiring new billers, agents, and business correspondents are crucial for expanding their network. Moreover, BBPOUs leverage extensive monthly data to identify lending opportunities based on customer bill payment behaviors and trends. This comprehensive strategy not only improves customer convenience but also fortifies the entire ecosystem surrounding bill payment services, fostering a more fluid and efficient process for users. Ultimately, the ongoing evolution of BBPOUs promises to deliver even greater advancements in the bill payment landscape.