IndiaIdeas is an electronic presentment technology and payment services company. The Company is focused on leveraging technology to enable banks,businesses and other institutions to present invoices, statements and bills to
consumers or businesses and receive payments against them. IndiaIdeas offers these services under the brand label of ‘BillDesk’.

BillDesk powers electronic payments and collections services for the largest banks and companies in India and also manages the bill payment service of Visa in India. It operates as a neutral service bureau aggregating multiple banks, billing companies and other corporations onto a common standards-based platform for delivering electronic payments and collection services across multiple electronic channels. Banks like Citibank, HDFC Bank, SBI and companies like Hutchison Essar, Bharti, and Franklin Templeton are among the leading users of BillDesk Electronic Payments and collections services.

BillDesk manages these services across a range of access channels viz. Internet Banking, ATM Banking, Tele Banking, Mobile Banking etc. The Payment Gateway services of BillDesk enable customers to pay online using either their electronic banking accounts or credit cards.

BillDesk is also registered with RBI as a User Institution for processing transactions through the Electronic Clearing System [‘ECS’] in the country. This enables BillDesk to process customer debit transactions [for payment of bills,
premiums, rents, investments, etc. electronically as well as customer credit transactions [for payment of dividends, redemptions, etc] electronically. BillDesk processes transactions in over 70 locations across the country today.