Paying BEST electricity bills made easy for 10 lakh customers through Easy Bill
10 lakh BEST Undertaking customers can now pay their bills at over 500 Easy Bill outlets in Mumbai. Mr. Sanjay Potnis, Chairman, BEST Undertaking and Mr. Rahul Munjal, Managing Director, Easy Bill Limited formally announced the tie-up between the two companies at a special press conference in the city. Mr. S Potnis formally inaugurated the service at the venue. Easy Bill already accepts payments of Reliance Energy , MSEB , MTNL , Hutch , Airtel , Tata Indicom , Dish TV , ICICI Prudential , Naukri.com , Jeevansathi.com , and Mahanagar Gas Ltd . With the expansion of its services to customers of BEST, Easy Bill is now truly a one-stop bill payment shop for customers in Mumbai.
Speaking about the tie-up Mr. Sanjay Potnis, Chairman, BEST said,” Convenience is the top priority for any service provider today in the country and is an important parameter to create customer delight. With over 500 Easy Bill outlets our customers will now be able to make their payments on time and in a convenient manner.”
Commenting on the initiative, Mr. Uttam Khobragade, General Manager, BEST said, “Easy Bill has been providing convenient bill payment options for Mumbaikars through its network of neighbourhood shops. With Easy Bill, customers of BEST can save time, energy and money while paying their bills. Mumbaikars are trendsetters in adopting new services and nothing highlights this more than the bouquet of services that Easy Bill now offers to the citizens of this city.”
Mr. Rahul Munjal, Managing Director, Easy Bill Limited added ”Easy Bill provides convenience to both customers as well as partners, in this case, BEST Undertaking. For customers there is now an easy and convenient way to pay bills and partners can now outsource their bill collections to a reliable and efficient company and concentrate on their core competence.”
In Mumbai where most people spend an average of over an hour commuting to and from work, paying routine bills on time have always posed a problem. According to an independent market research a consumer travels an average distance of 12 kms, and spends over 60 minutes to pay a bill. He also incurs an average expenditure of Rs. 15 over and above the actual bill amount to pay the bill. Through 500 easy Bill outlets, customers of BEST Undertaking would now be able to pay their electricity bills by cash or cheque at an outlet close to their home or workplace thus easing the process of paying a utility bill.
Easy Bill outlets are strategically located in areas that are frequently visited by customers, like kirana stores, communication shops, departmental stores etc. that are close to their residence or office. Usually open till late in the evening, customers can pay all type of bills at any Easy Bill outlet and at a time convenient to them. The outlets are open till late in the evening, during Sundays and even on holidays. In addition, customers also get an instant authorized payment receipt. And all these conveniences come at a nominal service charge of only Rs. 5 per bill.
Easy Bill is backed by a secure and state-of-the-art-technology that ensures that data and money is transferred to the service provider (partners) overnight, making this business a classic example of how technology can be used to make life simpler.
Sourced From: Perfect Relations Limited
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On October 22, 2014, closed at Rs 26787.23, up Rs 211.58, or 0.80 percent. The 52-week high of the share was Rs 27354.99 and the 52-week low was Rs 9221.44.
The company's trailing 12-month (TTM) EPS was at Rs per share as per the quarter ended October 2014. The stock's price-to-earnings (P/E) ratio was 0. The latest book value of the company is Rs per share. At current value, the price-to-book value of the company is 0.00.
READ MORE ON BEST Undertaking, Easy Bill , Sanjay Potnis, Rahul Munjal, Reliance Energy, MSEB, MTNL, Hutch, Airtel, Tata Indicom, Dish TV, ICICI Prudential, Naukri.com, Jeevansathi.com, Mahanagar Gas Ltd, Uttam Khobragade
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