BSES Rajdhani, BSES Yamuna offer cashback on electricity bill payment via e-wallets
Latest News »
- Share buybacks: Savvy traders are gaming quotas for small shareholders
- Opening bell: Asian markets open higher; Infosys, L&T in news
- Were foreign investors hedging Infosys’s leadership risk already?
- Big rally in zinc prices leaves Hindustan Zinc investors cold
- Delhi airport ruling puts GMR back on investor radar
New Delhi: To encourage consumers to use digital payments for electricity bill, Reliance Power-owned BSES Rajdhani Power and BSES Yamuna Power on Wednesday offered cashbacks on payments made through wallets till 31 March.
Both the companies , in partnership with mobile wallet companies like Paytm, Mobikwik and PhonePe are offering cashbacks up to Rs200 to around 4 million customers. Customers can receive this benefit if the payments are made seven days prior to the due date.
“Apart from e-wallets, consumers can also pay their electricity bills conveniently at over 4,000 locations, through a wide spectrum of options, including BSES drop boxes, credit & debit cards, net banking, auto debit, neighbourhood Easy Bill, Money N Mobile and Oxigen outlets, ITZ Cash Cards, Bill Payment Kiosks, cheque in mail facility & RTGS/NEFT through banks for Key consumers, “ said a BSES spokesperson.
Consumers with the due date of their electricity bill in April 2017 are also eligible to participate, provided they pay their bills by 31 March, 2017. This has been done so that maximum consumers can benefit from this move.
“As wallets are favoured by customers, we have taken this initiative but the overall motive behind this move is still promoting cashless transactions,” said an official from Reliance Power who did not wish to be identified.