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The bill payment sector has been changing at a significantly faster phase, the growing popularity of the mobile applications that are providing efficient ways to pay bills online is an evident change. Hence, the bill payment sector has got the support of the government regulatory policies along with the ease of payment service providers to expand its customer base. One such example can be found when the people of Meghalaya are frequenting the online payment service providers for the completion of their bill payments. Meghalaya Electricity Bill Payment Online can be paid using digital solutions in the form of the Mobile App, Web Application, ATP Kiosk, PoS machines, and Mobile Vans.
Smartphone penetration and low service and data charges have been one of the prominent sectors for bill payment online. The security was always a form of ambiguity that is resolved through cyber hygiene compliances that the payment service providers have to undergo to provide quick, efficient, and safe platforms. People equipped with enough awareness to avoid being victimized by online frauds. There is quite a large population that is comfortable with Airtel postpaid bill payment through the online modes. Digital payments play a vital role in customer retention in today's time as various service providers stay connected with their consumers, by providing them with offers and discounts. With all of the advancements, fintech companies are ensuring that they’re one step ahead of the fraudsters and making payment most safe and secure.
The payment sector that was once ruled by the cash transactions is now diluting to the ubiquitous mobile payments. The transactions through the cash mode are simple, and are accepted everywhere throughout India. Also, there is no need for the other external factors that provide uncertainty and essential requirements of the same. This includes the availability of the internet service, double authentication for the user’s identity and all the complex transactions that happen with the fluid money transfer. Today, people are very comfortable while making Landline Bill Pay through the cash modes instead of the digital modes of payment.
The payment through the cash is easy, simple, and secure. The payment through the UPI where all the bank accounts are connected, credit/debit cards, internet banking, and mobile banking are always safe, and you never run out of money when you go outside as the case of cash payment. TV online recharge through the digital modes is faster, and more efficient to provide the bill payment facilities to all the sectors of the population. These also have digital receipts that can be obtained via SMS, email and app notification from the mobile apps. Also, there is another benefit from paying through the digital modes of payment. The mobile apps, for the onboarding of the customers and retention, is done by providing exciting offers and discounts.
ATP KIOSKs is another robust infrastructure facilitating bill payment through accepting cash as a digital payment mode for Gas Bill Payment Online. The cash is processed through the cash acceptor and validator and hence validates the currency inserted to the machine. All these are providing the necessary requirements for the secure bill payment through the online and offline modes of payment.
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