The current era of digitalisation is here! Ever since it has taken over, digitalisation has penetrated into every aspect of life. Therefore, it is now possible to perform one of the crucial household chores, such as paying utility bills at the comfort of your house.
Today, there are multiple online payment methods that allow you to make monthly bill payments. Some of these include Unified Payment Interface (UPI), mobile wallet, net banking, credit and debit card, and so forth. Such apps ensure that the bill payments are done in a hassle-free, peaceful, and secure manner.
We’ve enlisted below the top five online payment methods that make the activity a lot simpler and hassle-free. Let’s take a look:
Unified Payment Interface (UPI)
Launched by the National Payments Corporation of India (NPI), UPI is an instant real-time payment system. It allows you to transfer money between two parties through mobile phones. Due to its ease of transfer, UPI is widely used by everybody today.
Some of the popular UPI apps in India are as follows:\
● Google Pay or GPay
● Airtel Thanks
● Paytm
● MobiKwik
● PhonePe
● Axis Pay
Mobile Wallet
It is the most-used payment option that lets you add money to your e-wallet using debit cards, credit cards, net banking, etc. Hence, it is much easier to make quick and hassle-free payments.
Below are some of the best mobile wallet apps that allow you to make utility and electricity bill payments:
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- Airtel Thanks
- Amazon Pay
- Jio Money
- Ola Money
Internet Banking
Popularly known as net banking, internet banking is an electronic payment method that allows you to conduct transactions online. With this, you can pay utility bills, invest, transact, and have complete control over your personal finances.
To start internet banking, all you have to do is log in to your bank account and head straight to make an online payment.
If you’re looking forward to paying utility bills online using internet banking, here are the following modes that will help you:
Debit or Credit Cards
Another way of paying your utility bills is through debit and credit cards. So, let’s understand how these cards help in making the payments:
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- Debit Card
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Here, your money will automatically be deducted from your bank account whenever it is used.
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- Credit Card
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Using credit cards lets you utilise the free credit period up to 50 days, receive reward points, and make the most of cashback offers and multiple discounts.
Electronic Checks
An electronic check or e-check is a digital version of a paper check that is considered a lot more secure than the traditional one
For security purpose, you have to submit the following details:
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- Payer’s name
- Payment amount
- The routing and the account number of the individual checking amount
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While the above-mentioned ways promote quick and hassle-free payments, they also provide the following benefits. Here, take a look:
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- It saves a huge deal of your time
- It is super convenient and efficient
- It reduces paper wastage
- It ensures maximum safety and reduces the risk of theft or fraud
- It provides attractive deals, offers, and discounts
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The above-mentioned payment methods are the easiest to make payments. You can also download some of the designated utility bill payment apps that ensure a seamless transaction experience. Thank us, later.
