In the traditional mode of bill payment, companies generally face a challenge keeping track of their bills that need to be paid. Further printed bills often reach late which further delays the approval and payment process. Keeping this in mind, Axis bank has introduced its Corporate Bill Payment Solution to minimize the time lag and smoothen the bill payment procedure for the Corporates.
The Corporate Bill Payment solution will enable corporates to manage their multiple bill payments with just one click. The bank’s new service will allow corporates to make their bill payments more efficient, quick and hassle- free.
To avail this service, corporates need to do a one – time registration of its bills on the online platform. Post registration every time a bill is generated by the biller the corporates will receive the bills electronically and all they have to do is review the bill and pay it digitally.