Jumbotail -Please onboard BBPS as a Biller and Agent Institution

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 Lead Resource Article for this Blog Post: [Product Roadmap] How B2B marketplace Jumbotail has been able to maintain scale amid the coronavirus crisis

Read more at https://yourstory.com/2020/05/product-roadmap-b2b-marketplace-jumbotail-scale-coronavirus

Jumbotail is emerging as a major player in the B2B arena.


Q) Why Jumbotail as a BBPS Biller?

Ans: Jumbotail services 26,000 + Kirana Stores across Bengaluru. These kirana stores need to pay to Jumbotail for the goods received by them.

Jumbotail has its own PG for it’s kirana store customers, however BBPS will increase the acceptance network. Invoice Financing once the bills are paid via BBPS will be more convenient.

 

Q) Why Jumbotail as a BBPS Agent Institution?

Ans) Simple, Jumbotail caters to 26,000 and growing Kirana Stores across Bengaluru.

Customers of these kirana stores also need to pay their utility bills, other bills under various BBPS Biller Categories. As these customers shop for their daily needs, they can also pay their BBPS Bills in the same kirana store.

The basic trust between Kirana Stores and their customers is already there. Hence, the same set of customers will be willing to pay their bills at the same kirana store.

This is turn will increase the footfalls in the respective kirana stores.

A prominent ‘BBPS Bills’, payable here Board will do the trick.

What is in for the Agent Institution?

Single Integration - Easier and single integration with a Consumer BBPOU

Touch Point - Access to all billers of various categories under BBPS via the single BBPOU.

Revenue Opportunities - Increased revenue opportunities due to increase in bill payment transactions

Increase in Customer footfall - Apart from the primary business, get an opportunity to increase footfall on account of bill payment business

What else is required for Jumbotail to onboard BBPS ?

 

 

 


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