For the inclusive and wholistic growth of our country, it is important that the rural parts of India get the intervention of techonlogy. Digital technology can bring a revolution in people’s lives and make them easy, connected and hassle-free. India’s rural areas are changing dramatically as more youth adopt technology and engage with the online world. With about 99.5% 4G coverage in rural areas, mobile technology adoption has increased. This brings in an opportunity of starting a profitable mobile recharge & utility bill payment business in rural India.
There are several digital platforms available that enable the mobile recharge and utility bill payment business in urban areas. Therefore, in these areas, such services can be easily accessed at the press of a button for the majority of people. However, at present, there is insufficient digital banking infrastructure available in the large parts of rural areas of India. Completing BBPS agent registration and establishing an online bill payment and cell recharge business in these areas offers a special chance to contribute to the advancement of more effective digital banking.
Sounds interesting? Read on to know how you can make BBPS agent registration and make online bill payment a viable business?
Setting up Recharge & Utility Bill Payment Business in Rural India
There are many different online platforms and payment methods available if you want to launch a mobile recharge or online utility bill payment business. Here are some ways you can adopt:
Make BBPS agent registration
For all of your billing and prepaid recharge requirements to set up recharge and utility bill payment business in rural india, the Bharat Bill Payment System or BBPS offers a complete platform. In India, BBPS has made a reliable brand name for itself as the easiest and most simple method of recharging mobile phones and paying regular bills. Founded in 2013 by the National Payments Corporation of India (NPCI), it runs through a huge agent network and and accepts a variety of payment methods. All online banking and payment systems offer BBPS services, as the term is associated with online bill payment in India. One can make BBPS agent registration to become a BBPS agent and grow their current business to include online utility bill payment and cell recharge in rural areas.
3 things to consider to become a BBPS agent
As a Bharat Bill Payments Service agent, your store will evolve into a central location for online bill payment and mobile recharge services in the rural area. To make the customers aware about the services that you provide, you can display the BBPS logo, the brand name of Religare, your name, and your agent ID in your retail location. The BBPS sign board will attract the customers to your store, where you can explain to them about the services you provide.
With Religare Digital, it will be a business opportunity with low investment for you. Here are some actions that can assist you in navigating the application process as you begin to work as a BBPS agent:
- To begin the sign-up procedure, get in touch with a BBPOU or agent institution, such as Religare Digital.
- Fill out your address and Know Your Customer (KYC) information as needed.
- Obtain the required equipment, such as a micro ATM or a mobile application.
You can make BBPS agent registration and become a BBPS agent and grow your company to offer mobile recharge and online bill payment services by also providing AePS services.AePS is an efficient platform for those who do not have a debit or credit card. It has played a significant role in introducing digital banking to rural areas. Offering AePS service offers a different set of prospects as compared to only working as a BBPS agent. Just like BBPS agent registration, you can sign up for AePS and offer online bill payment and mobile recharge services and earning in commissions with Religare Digital.
In Conclusion
India’s rural digital development is making it possible for young people to adopt technology, which is changing daily life and reducing the divide between urban and rural communities. Every person including students, farmers and workers are gradually beginning to own a mobile phone. By keeping a mobile phone, they are also trying to find a simple and easy way to make paying their mobile phone bills easier. This is where those who are already business owners or aspiring entrepreneurs may help by setting up a profitable mobile recharge and utility bill payment business in rural India. You may easily do BBPS agent registration and become a Religare Digital retailer agent in rural India and boost your revenue whether you run a grocery store, doctor’s clinic, garment shop, hardware store, tailoring shop, or fertilizer store. This is the perfect time and place to make smart investments to earn a good return with a little effort.