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Tata Power becomes the first Power utility to automate bill payments using e-NACH

Capital Market 

Partners with for digitized solution in Mumbai

has become the first Power utility to enable online, automated bill payments using e-NACH (Electronic National Automated Clearing House). is a technology partner and a to

This is a new-age electronic online mandate registration process, launched by the of (NPCI), where consumers of Tata Power, can now the using Aadhaar-based verification.

The first-ever use of e-NACH via in the power sector is expected to enhance customer experience and drastically cut Turn-Around-Time (TAT) for It also makes the process more convenient as consumers do not need to fill in physical forms and can now initiate their mandate registration on-the-go.

has collaborated with to roll out this unique service for building customised technology that makes the digital solution user-friendly, while complying with NPCIs requirements. The implementation of e-NACH aligns with Tata Power's approach of deploying innovative technologies that consistently enhance the quality of customer service.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 19 2018. 12:52 IST