BHIM UPI is a payment mode that lets you make instant real-time payments. With BHIM UPI, you can send and receive funds from one bank account to another through a Virtual Payment Address (VPA). It is secure and can be used 24x7, to pay a person or a merchant.
The Bharat Bill Payment System (BBPS) is a centralized bill processing channel that lets you make multiple bill payments through one platform. You can use BBPS to pay utility bills (such as electricity, gas, and taxes), Mobile Bill Payments and educational fee payments. You also receive instant confirmation once the payment is successful.