Beacon launches India Bill Pay to enable India bill payments by Canadian NRIs

NEW DELHI, INDIA (February 4, 2025) – Beacon, a financial services company for immigrants in Canada has launched a feature allowing direct bill payments to India in Canadian dollars from their Beacon Money account. India Bill Pay is the newest addition to the Beacon super app, a platform designed specifically for immigrants to Canada and now available forThe first of its kind, Beacon’s India Bill Pay is a pioneering cross-border bill payment solution launched in collaboration with Bharat Connect (BBPS) and YES BANK in India.

The first of its kind, Beacon’s India Bill Pay is a pioneering cross-border bill payment solution launched in collaboration with Bharat Connect (BBPS) and YES BANK in India, the company said in a release on Tuesday.

With approximately 60% of remittances to India used for family maintenance, many Indians face the delicate balance of building their lives in Canada while fulfilling their home obligations, it said. Non-resident Indians (NRIs) are restricted in their ability to access India’s banking and payment systems from abroad. This creates major pain points for NRIs around the world looking to pay bills in India either for themselves or for their family. Currently, people must rely on maintaining NRI bank accounts or family and friends to pay Indian bills, both of which are inconvenient. Managing multiple accounts is costly, and culturally, asking for help often leaves NRIs feeling guilty about not meeting their obligations independently. With the launch of India Bill Pay, Beacon expands its financial services for immigrants, providing a seamless way for Indians to pay bills across borders, it said.

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