Online retailer Infibeam gets RBI nod for B2B payment service

AHMEDABAD: Online retailer Infibeam said on Wednesday that it has been granted an in-principle licence by the RBI for B2B payment of utility and services bills across the country through its CCAvenue payments platform, reports Vishal Dutta.

According to a source, CCAvenue will also have Bharat Bill Payments Systems (BBPS) facility for utility and services bill payments on its platform soon.

“With both payment gateways – CC Avenue and BBPS— in the kitty, Infibeam wallet would be in position to make all utility bill payment as well as private bill payments,” the source said.