Online Payment Made Simpler Than Ever!

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The call for demonetization in 2016 was the beginning of the cashless digitized future for India. Aligned with the Indian Government’s launch of the Digital India movement, the online industry started experiencing a revolution of sorts, with innumerable apps and platforms being made available for the common man. However, it was the pandemic in 2020 that became the catalyst for the Indian digital economy. Within two years, the crisis became the final nail in the coffin for Indians to adopt digitalization, especially in the payments industry. 


Let us comprehend this better with an example. Suppose you are a consumer of BESCOM (Bangalore Electricity Supply Company Limited). Before online payments became a reality, your mode of electricity bill payments was a cheque, cash, or a demand draft. Later, you had the option to pay via your credit or debit card. However, the digitization of payments allowed you to make your bill payments online. 

What are the different methods of online bill payments?

Ever since online payments appeared on the scene, people have practically forgotten about cash or cheques. The truth is that with the help of the virtual medium, you can use your Credit Cards, Debit Cards, Net Banking, etc., to pay back the service providers with ease and speed. However, making BESCOM online payment is not limited to only these three instruments. 

There are payment methods that are far simpler and easier today. With an instant click on your smartphone, you can initiate transactions as per your wish and choice. There are payment apps powered with the latest technology to offer users the convenience of an enhanced degree. These are four online payment methods that have become the life and soul of the digital economy today:

  1. Digital wallets 

Unlike your physical wallets, digital wallets are electronic by nature. They do not occupy physical space, and neither do you need to remember to carry the wallet in your pocket or purse every time you move out. 

Mobile wallets are safer and it keeps your money secure as they are electronically operated. These wallets store information about your bank details. However, with data encryption, the chances of your data being visible to anyone are minimal. There are multiple digital wallet options with Indian customers today. You just need to choose a trusted wallet, download the app on the mobile and use the services as and when required. In most cases, the apps are all password-protected, ensuring a greater degree of safety. 

  1. Unified Payment Interface or UPI

This is one of the safest methods of online payment. UPI payment apps create a Virtual Payment Address or VPA to transfer money and make payments. With a single mobile app, you can easily transact with multiple bank accounts and route payments to merchants. Peer-to-peer payments are also carried out with ease and convenience. The system is available round the clock, 365 days a year. With two-factor authentication and the RBI regulating the operations, the payment is extremely safe and seamless. You also have an option to scan the QR code to pay.

  1. Mobile Banking

As the name says it all, you can conduct your day-to-day banking functioning with the help of apps downloaded on your smartphone. Such apps can be easily downloaded from app stores as most banks and service providers have their mobile banking apps nowadays.

  1. Internet banking or Net Banking

It has been the most popular method of online payment in India. NEFT, IMPS, and RTG are the three common forms of internet banking. You just need to have a bank account to use the service. For example, consumers of Jaipur Vidyut Vitran Nigam Limited (JVVNL) need to login into their bank account on the banking site and initiate the online JVVNL bill pay by entering the beneficiary details and payment amount. 


Online payments have indeed been made simpler than ever before. The way technology is advancing; it is not too long before other methods get added to this list of safer and smarter online payments. Whichever mode you choose to use, ensure that you go along with the top service provider so that your money is always safe and secure.

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