Flipkart-owned PhonePe on Monday said it had onboarded all the 73 electricity boards (both public and private sector) across the country. This enables over 250+ million PhonePe users to pay their electricity bills on the app seamlessly.
Customers can now pay their bills via a notification form Phonepe. With AutoPay enabled, customers need not worry about the due dates of their multiple utility bills or incurring late payment charges. The due amount gets automatically debited from the customer’s chosen payment method every month.
"We have seen massive growth in the adoption of digital payments for electricity bills since we launched the category in 2016. In fact, there has been an over 40 percent increase in the volume of electricity bill payments in October 2020 over the corresponding period last year," Ankit Gaur, Director of Business Development at PhonePe, said.