Chennai, NFAPost: Bill payment platform XPay.Life has clocked Rs 3 crore in revenue in May with more than 60,000 transactions. The company, which is powered by a blockchain-based transaction framework, noted that most of these transactions were made towards the payment of electricity bills. Among other categories, transactions worth Rs 23 lakh were generated from the mobile vans.

XPay.Life is a NPCI-approved multi-utility bill payment platform providing one-stop solution to consumers.

The vans deployed by XPay.Life travelled across remote locations of Jharkhand such as Ranchi, Ramgarh and Hazaribagh to dispense cash under the RBI guidelines. On an average, 50-60 transactions took place every day through these vans. With 253 XPay billers in tier-I and tier-II cities, the company also has a strong presence in tier-III and tier-IV cities with a wide reach of 50000+ pin codes.

The platform has recorded Punjab State Power Corporation (PSPCL) as the highest biller with maximum transaction amount clocked at Rs 55, 790.

As per the data, there has also been a rise in state wise consumption. Punjab topped the chart, accounting for 28% of the total consumption, followed by Rajasthan, West Bengal, Gujarat and Karnataka.

As lockdown restrictions for essential services were lifted in non-contaminated zones in May, there was a steady increase on the NPCI approved platform of 73,000 users with transactions clocking up to Rs 54 lakh.

 XPay.Life Founder and CEO Rohit Kumar said, “In these unprecedented times, our aim is to make life simpler by providing a one-stop solution to the consumers as one of the fastest-growing bill payment platforms in India. We have partnered with NPCI to bring the benefits of digital payments to the unbanked pockets of the country and further our mission of financial inclusion.”

Founded in June 2019, the USP of XPay.Life is Bill Payment through Touch Screen ATP Kiosk, PoS machine and Mobile Van which accepts cash as a digital payment along with accepting credit/debit cards. The XPay Life also provides online digital solutions to cater the urban quanta through the Mobile Application and Online Web accepting payment through all the popular modes of payment such as UPI, credit/debit card, internet banking, mobile banking and QR codes.


XPay.Life has integrated block chain-based payment gateway for ensuring the complete security of the transactions. The company follows the highest security based on the AMBIC Model i.e., Artificial Intelligence, Mobility, Blockchain, IoT and Cloud, providing the transparent and secure platform for bill payment through a multitude of digital solutions, the company said.

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