Long gone are the days when paying bills was considered a tedious chore. Thanks to advanced technology in smartphones, we can order french fries, initiate an airtel bill payment and pay with just a single tap.

Now time is money. Especially after the outbreak of COVID-19, many people are starting to appreciate time. When it comes to managing your finances, it’s literally one tap these days. 

Today, we’ll understand the top pros of using mobile applications on your smartphone for managing your money and how it benefits you! 

What are online bill payments? What are its top 5 benefits? 

As the term implies, it is a payment method that allows one to settle bills from the comfort of their own device. A secure online platform helps them schedule or even make one-time payments for various bills. 

Such platforms, which are pretty becoming popular with time, require your account information for the biller and your preferred payment method. Once this flow is set up, you can easily streamline the payment process without any hassle. 

  1. Super Convenient

Imagine sitting in comfort, under air conditioning, in extreme heat, performing all tasks on your smartphone with just one device. Everything from your online electricity bill payment, mobile recharges, loan payments and credit card bills is easily accessible through your smartphone.

  1. Safety and Security

While dealing with financial transactions, and that too via digital methods, security is paramount. Reputable applications like Bajaj Finserv, PhonePe, etc., employ robust security measures like two-factor authentication and encryption to safeguard your sensitive financial information. 

  1. Go Green

By going digital, you contribute to a greener environment. Therefore, there are no more paper bills to maintain, ultimately reducing paper usage and minimizing your environmental impact. 

  1. Proper Organization of Finances

Bill payment applications help individuals organize their finances effortlessly and easily. As this becomes a go-to platform for managing all kinds of bills, it offers a clear and convenient overview of payments and expenditures. 

  1. Automation

The auto-pay feature has taken this industry to the next level. Once you start scheduling your monthly expenses, there is no going back. It basically ensures that all your bills such as online electricity bill payment or various other types are paid on time, every single month. This cuts down on the risk of missed payments and enhances your overall financial management. 

Which is the best application in 2024?

If you are looking for such an application or planning to switch your current one for some reason, then ‘Bajaj Finserv’ is the application you need on your smartphone today. It’s been around two years since I’ve been using this application; believe me, it is a one-stop solution. 

From your property tax online payment to your day-to-day recharges, you name it, and this application has it. Moreover, it is super easy to use as it offers a very convenient interface that can easily be used by any group. Even my father has been using this application for quite a long time now. 


When you go digital, it’s hard to go back to the traditional methods. It tends to save you a lot of time, money, energy as well as fuel! With just a few taps on your smartphone, you can easily ditch the late fees, embrace convenience, and gain valuable insights about your finances anytime. So, why wait? Download the right application today and have a much smarter approach towards managing your overall finances.