The bill payment sector has seen a rapid enhancement in the technological factor and seen a high customer acceptance rate within a span of a few years. This has brought about a different perception of the bill payment sector. As the digital shift amongst the urbanites is increasing in a meteoritic pace, there is still a huge challenge to include the rural counterpart in the digital realm. The XIPHIAS XPay Life Pvt Ltd is a start-up that is bridging this digital gap. Let us find out the technologies and innovations of this player.
XPay Life is expanding the bill payment sector through both online and offline services. For catering to online users, the highly secure mobile application compatible with both Android and iOS devices. Also, the Digital TV Recharge Online can be done within a few simple steps using the application. The recharge category has to be chosen after creating an account on XPay Life which is a mobile number specific. Later select the operator first and fill in the customer ID/Account ID. Then verify the bill number and proceed to payment.
The payment channels include payment channels of credit/debit cards, net banking, mobile banking and UPI payments as well. BSNL postpaid bill payment can be made through another online gateway, i.e through the website www.xpay.life. The portal requires login and password credentials for securing the customer from identity theft and unauthorized transactions through the account.
Offline bill payment services include bill payment through the bill payment kiosk to pay electricity bills and all other multi-utility bills. Electricity bill payment kiosk provides cash as a bill payment mode through the cash acceptor installed in the kiosk. Also, the POS machine integrated with the machine also facilitates the bill payment through the credit/debit cards as well.
The POS machines are intended to create employment for people and the times are not far when broadband bill payments can be made through the small grocery stores. This helps the merchants and XPay Life agents to earn without any risk. Also, the POS machines and Kiosk are going to replace the bill counters at the biller's offices. ‘
The XPay Life Mobile Van will be targetted on helping rural India transit to the digital world with the freedom to choose cash payment in the cashless era. This payment will make the transaction digital, also the vending machine in the mobile van dispenses free condoms and sanitary pads for the rural people after every transaction. Thus encouraging them to choose the digital payment modes and realize the dream of “Digital India”.