Billjunction.com launches Chennai operations

By Our Corporate Reporter

CHENNAI, SEPT. 26. Billjunction Payments, a network company of ICICI Venture, has tied up with major service providers in Chennai such as Chennai Telecom, RPG Cellular and Life Insurance Corporation to offer its universal online bill presentment and payment service.

Launching the services here, Mr. Bikramjit Sen, chief operating officer, Billjunction Payments said, the company had received encouraging response from Mumbai, Delhi, Kolkata, Pune, Hyderabad and Bangalore. Discussions with other service providers for similar tie-ups were in an advanced stage, he said.

``The key value proposition of Billjunction is that it does not require a customer to open a bank account in any specific bank to avail of the online facility,'' he said.

Considering the large number of telephone, cellphone and electricity bills that an enterprise has to pay on a regular basis, Billjunction.com has developed customised service to cater to their needs. The company uses RBI's electronic clearing service (ECS-debit) mechanism to enable bill payments.

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