Paying your electricity bill through mobile banking is the handiest and easiest way to ensure that the bills are paid on time. Most people prefer to use mobile devices for online transactions including electricity bills.
You can pay your energy bill via SMS using your virtual mobile wallet.
Now that mobile technology has influenced a great part of our lives, more and more people are getting comfortable paying their utility bills online through mobile banking. What has made mobile-based payment popular is the convenience it offers: it is instant, easy, and readily available. Research shows that nearly 67% of consumers use mobile-based payments for paying their electricity bills. Clearly, there has been a shift in preferences in the last few years. Let's look at the various mobile-based payment options through which you can make the payment for your electricity bills and its benefits.
This is how you can pay your electricity bill through Google Pay:
In six simple steps, you will have paid the electricity bill. You can now choose to save or share your electricity bill receipt. Learn how to get an electricity bill receipt from Google Pay below:
PhonePe is another app through which you can pay your electricity bill.
To get the receipt of the electricity bill payment on PhonePe, enter the transaction ID and download the receipt.
Paying your electricity bills through mobile-based payment gateways such as Google Pay, PhonePe, or the BHIM app is easy, instant and convenient. That’s why numerous people regularly foot their electricity bills online through their smartphones. Let’s look at the benefits of mobile-based payments for electricity bills.
Almost everyone now either has a smartphone or knows someone who has one. The easy availability and the speed of payment are what makes mobile-based payment gateways a convenient choice for paying electricity bills. This also saves you the added trouble of tendering the exact change for your bills.
Mobile-based payments are highly secure. Most payment gateways come with additional layers of security. These include biometric validation, fingerprint scanning, 2FA, and many others. When it comes to online payments, the risk associated with the theft of solid cash is also significantly reduced. Also, with techniques such as tokenization and blockchain, the customer’s details and the transactions are secure and assured.
All mobile-based payment gateways host multiple payment options, be it debit and credit cards, internet banking, mobile wallets, or UPI.
With the payment going through your mobile phone instantly, you can eliminate your wait time in queues. You won’t have to wait your turn or run about in search of change if you move to mobile-based payments.
Mobile-based payments make paying your electricity bills quick and easy. It is a job that you can complete from anywhere and at any time. All you need is a smartphone and your bank accounts to be linked to the corresponding payment applications.