Setu BBPS BOU
Collect repeat payments, anywhere in India
Get listed on every popular payment app, and accept payments from offline channels too. Best suited to collect recurring payments—EMIs for NBFCs, subscriptions for digital apps, or any monthly bill payments.
Use cases
The easiest way to collect repeat payments from customers
Collect recurring payments from your customers, at the lowest cost.
As a lender or NBFC
Collect monthly loan EMIs at the lowest cost
For online subscriptions
Collect periodic subscription fees via your customers’ favourite apps
As an insurance provider
Get paid for monthly or yearly insurance premiums with ease
and more use cases
Our BOU customers
Have seen upto 50% reduction collection cost
Onboarded on BBPS in under 3 weeks
ZestMoney
Sees a 20% surge in digital transactions
Ujjivan Bank
BUSINESSES WE WORK WITH
Start building with BBPS BOU
Started integration or already live? Reach out for further help.
Our BOU customers
Hassle-free payments for businesses and their customers
Show up on every UPI app
Get valuable real estate in all the popular UPI apps in the country.
Get paid online or offline
Collect payments via any UPI app. Or offline channels like kirana shops and bank branches.
Integrate, quick and easy
Get instant access to our Sandbox and go live in a matter of weeks.
Other products for payment collection
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Common questions
FAQs
What is BBPS?
Bharat Bill Payment System is a payment ecosystem on which different categories of billers can register on, with bill payments enabled for utility bills, loan EMIs, school fees, subscriptions and more. BBPS is run by NPCI that enables bill payments via digital (bank channels) as well as through a network of agents and bank branches.
What is NPCI?
National Payments Corporation of India maintains the BBPS payments system. It undertakes clearing and settlement activities for transactions routed through BBPS. NPCI is also responsible for setting business standards, rules and procedures for technical and business requirements for all market participants. It is the regulatory body for BOUs, who are entities allowed to on-board billers onto BBPS.
What is BOU?
BOUs or Biller Operating Units are licensed entities (usually banks) who can offer BBPS services to other businesses. Setu works with BOUs to offer on-boarding onto BBPS as a biller. BOUs serve billers, i.e entities that generate bills for goods or services and want to collect payments. Setu’s BOU integration helps billers list on BBPS to enable collections via BBPS apps or offline points.
What role does Setu play?
Setu acts as a bridge between BOU banks and your business (as a biller), offering simplified integration and compliance. We also offer additional services like data reports, notifications and settlements for any bill payments made by your customers.
More questions about the product? Have a look at our detailed FAQs.