SThe New Delhi Municipal Council (NDMC) has launched an in-home smart bill payment system which has “smiley fridge magnets” with unique QR codes enabling consumers to make instant payments of their water and electricity bills, an official said Sunday.
Consumers can make instant payments by scanning the QR codes with the help of their smart phones, the official at New Delhi Municipal Council (NDMC) said.
The civic body has collaborated with a Delhi-based retail tech startup called SignCatch and the Axis Bank for the initiative.
Around 25,000 fridge magnets will be distributed to its power and water consumers.
A senior NDMC official said the consumers can stick these magnets on their refrigerators at home and scan the QR codes to pay their bills instantly.
“The QR Code will direct the consumers to their current bill with an option to pay using any of the digital payments like online credit, debit card, net banking, wallet, UPI,” he said.
He further said that this initiative was launched to give ultra convenience to consumers to pay their bills with ease. With the move, consumers would be motivated to adopt digital payment and will also help cut down on the time taken by the consumers in paying their bills. It would also reduce collection costs and faster realisation time for revenues, he said.