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Home » Pay Point develops prefunded model of electricity payments for CSPDCL

Pay Point develops prefunded model of electricity payments for CSPDCL

By June 12, 2015 12:13 pm IST

EPR (Electrical & Power Review) | EPR Magazine
.

 Pay Point India Network, an online payment solutions provider, has tied up with the Chhattisgarh State Power Distribution Company (CSPDCL) for a unique method of collecting customer dues which can serve as a model for other electricity utilities in the country. The company is now planning to roll out this model to the rest of India and is in talks with several state power utilities across the country.
Pay Point, which has applied for Payments Banking License, prepays the dues of customers to CSPDCL and then collects the same through a network of its customer service points (its authorised dealers). This is done through its technology infrastructure that enables customers to pay their utility bills even at the last minute.

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Pay Point develops prefunded model of electricity payments for CSPDCL

By June 12, 2015 12:13 pm IST

EPR (Electrical & Power Review) | EPR Magazine
.

 Pay Point India Network, an online payment solutions provider, has tied up with the Chhattisgarh State Power Distribution Company (CSPDCL) for a unique method of collecting customer dues which can serve as a model for other electricity utilities in the country. The company is now planning to roll out this model to the rest of India and is in talks with several state power utilities across the country.
Pay Point, which has applied for Payments Banking License, prepays the dues of customers to CSPDCL and then collects the same through a network of its customer service points (its authorised dealers). This is done through its technology infrastructure that enables customers to pay their utility bills even at the last minute.

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