NPCI hives off Bharat Bill Pay into new co to unleash growthAll leading banks and aggregators such as State Bank of India, HDFC Bank and BillDesk, among others are BBPOUs on the platform, processing ...
Vakrangee gets RBI nod to set up Bharat Bill Payment unitVakrangee (VL) has received in-principle authorisation to set up and operate BBPOU under the Payment and Settlement Systems Act, 2007 from ...
RBI issues guidelines on 'on tap' authorisation on payment systemsFor entities desirous to function, operate, or provide platforms for BBPOU, the RBI said they should have a Rs 100 crore net worth and shou...
RBI brings in major change in Bharat Bill Payment System regimeThe Bharat Bill Payment System is an inter-operable platform for repetitive bill payments.
Payment Council to reach out to small fin banks for digital pushPCI, at a closed door meeting of its members on Friday, has also constituted new committees.
NPCI gets final nod to operate Bharat Bill Payment System"Nearly 45 crore bills are permitted under BBPS. This initiative will provide a major push to digital payments as it is a big step forward ...
RBI extends BBPS deadline by seven monthsThe extension applies to those companies wanting to become an agent of an authorised Bharat Bill Payment Operating Unit (BBPOU) or also exi...
MobiKwik users can soon pay utility bills through walletOther players who have received in-principle approval for a BBPS licence include Paytm, Oxigen Services, BillDesk, and PayU.
In-principle nod given by RBI to set up BBPOU: MobiKwikThe company will now be integrated in BBPS, offering interoperable and accessible bill payment service to customers through a network of ag...
RBI extends deadline for BBPS till Dec 31; pilot to start tomorrowThe regulator has clarified that those who fail to meet the criteria will not be allowed to function as a bill collecting agent after May 3...
Bill payments units likely to find it tough to fit the billRBI has said it wants only ‘serious players’ in the business, making many smaller players doing bill payments in smaller towns feel left ou...
People can pay utility bills at common service centres nowThe Reserve Bank of India has granted Bharat Bill Payment Operating Unit (BBPOU) licence to CSC e-Governance Services India, which manages ...
TechProcess receives in-principle RBI approval for Bharat Bill Payments Operating UnitThe BBPOU aims to ease out the pain points in bill payments related to utility, education, municipality taxes, mutual funds, insurance prem...
33 financial entities get nod to join integrated bill payment systemAt least seven entities — SBI, ICICI Bank, Kotak Mahindra Bank, RBL Bank, Paytm, TechProcess and Oxigen — confirmed their BBPOU licence.
How will Bharat Bill Payments System benefit youBBPS is an integrated online platform which is being developed by the National Payments Corporation of India for all kinds of bill payments.
RBI extends deadline for applicants of BBPOUsReserve Bank of India (RBI) on Friday extended the deadline for applicants of the Bharat Bill Payment System Operating Units (BBPOUs), to D...
'Payments Banks' eye utility bill operations, tooLicence winners keen to get permit to run utility bill payment facility, seek info from NPCI.