5 MinsDec 15, 2022
When used wisely, technology can aid consumers in their quest for financial resilience. For instance, paying electricity bills online is an easy practice to inculcate. This simple step saves time and effort and is an investment in long-term financial well-being. Axis Bank account holders can make all their bill payments online. This facility allows consumers to never miss a bill payment! Below is a snapshot of the benefits of making online bill payments, and a quick run-down of the top features.
Why make online payments?
- Offline payments come with a significant number of hassles. For instance, physically visiting a mobile store or the electricity department’s office means taking time out to make the journey every month.
- Consumers have to pay several bills each month. Some departments may only be operational on weekdays. Thus, you may need to take a leave from work to make these payments.
- There is a cost factor to consider. Shifting to online bill payments translates to reduced transportation and fuel costs.
- You can make online bill payments from the comfort of your home or office. There is no extra cost or wastage of time involved.
- You can pay all bills on time, by simply clicking a few buttons on their smartphones.
- Late payments for electricity, mobile or credit card bills result in penalties and extra fees. Instead, you can optimise your payment cycles with Axis Bank Bill Pay services.
- With online payments, you can also automate your payments so that you do not miss out on a payment.
Introducing Axis Bank's bill payment service
Axis Bank is consistently innovating to offer you a convenient and feature-rich user experience. To support customers, Axis has introduced a comprehensive bill-paying service that allows them to pay a wide range of bills every month. This is an expansive list that also covers lifestyle and investment needs.
- Utilities: electricity, gas, LPG cylinder, water, broadband, landline
- Connectivity: mobile postpaid, mobile prepaid, DTH, cable TV, broadband postpaid
- Finance: mutual funds, credit cards, insurance, loan repayment
- Housing: rent, maintenance charges
- Others: FASTag, municipal tax, education fees, subscriptions, hospital and pathology, clubs, municipal services, charities
[Also Read: Can’t keep track of your credit card payments?]
Access secure payments
Many of you may have concerns about the security aspects of online payments. This is a valid concern. Axis Bank’s Bill Pay service is extremely secure, and the transactions remain confidential.
Automate payments
Another valuable feature of Axis Bank Bill Pay is that you can automate all payments every month, from credit cards to mobile bills. This feature is especially helpful if you have an extremely busy schedule due to which you forget to pay your bills. Alternatively, if you prefer to pay each bill manually because the amount keeps varying, you can opt to receive reminders.
Enjoy a mobile-first experience
A growing number of consumers prefer to complete all transactions from their mobile phones. Axis Bank has made investments in building a superior mobile phone experience. You can log in via the Axis Bank website or download the Axis Bank app, and transact via your smartphone. The interface is extremely user-friendly, intuitive and designed for a hassle-free experience.
Axis Bank's Bill Pay service is one of the best ways to leverage technology to simplify and optimise payments. It is a convenient and quick process and enables consumers to keep track of all payments for future reference.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
