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Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.- Kiwi cofounder Mohit Bedi steps down from executive role after four yearsIn a LinkedIn post on Saturday, Kiwi cofounder Mohit Bedi said he would shift focus to "personal and family” commitments while remaining cl...
- Zoho forays into payments space; launches payment gateway for businessesZoho Payments as a payment aggregator has been registered as a Bharat Bill Payment Operating Unit (BBPOU) with NBBL, enabling it to onboard...
- Fintech firm Cred receives BBPS customer operating unit certificationCred, a Bengaluru-based fintech firm, has been certified by NPCI Bharat Billpay to operate as a customer operating unit on the Bharat Bill ...
- ET Explainer: Issues with credit card bill payments through third-party appsEffective July 1, RBI mandates all banks use BBPS for credit card payments, enhancing security and standardizing grievance redressal. Major...
- Pause on the cards: Fintechs may take a hit as most banks stay away from BBPSRBI mandates credit card bill payments through BBPS, but only 8 of 34 banks are live on the network, causing concern among payment companie...
- Bharat Billpay eyes a space in P2P, government payThe NPCI-promoted organisation is a leader in electricity bill payments currently with two new categories like Fastag and loan EMIs emergin...
- PhonePe corners nearly half of all transactions on BBPSThe Bengaluru-based fintech startup processed 28 million customer transactions worth Rs 4,039 crore in the month, with BillDesk in second p...
- Mobile prepaid recharge facility on BBPS by August-end: RBIThe Reserve Bank of India on Monday said the scope of the Bharat Bill Payment System (BBPS) will be expanded by August 31 this year by addi...
- RBI allows payment of all recurring bills through BBPSCurrently, the facility of payment of recurring bills through BBPS is available only in five segments -- direct to home (DTH), electricity,...
- 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...
- Single platform to pay all utility bills in rural areasRBI opened applications for BBPS’ earlier this year and companies ranging from banks, telecom operators and wallet firms applied.
- Bharat Bill Payment System: Quick bill pay system for rural IndiaThe common outlet to pay utility services bills is mainly aimed at those for whom netbanking is not a way of life.
- ItzCash looking at Rs 15,000 crore payments volume in 2016-17It has crossed Rs 50,000 crore worth of cumulative gross payment volume for all bill payments till date. The Essel Group firm was formed in...
- RBI launces new bill payment platform Bharat Bill Payment SystemRBI's new BBPS system will help everyone irrespective of their digital connectivity. RBI recently authorises 33 units including SBI, ICICI,...
- 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.
- Snapdeal’s FreeCharge unit keen on running RBI’s bill pay systemThe RBI asked companies engaged in bill payments to apply to join the BBPS as Bharat Bill Payment System Operating Units (BBPOUs) on Octobe...
- Snapdeal’s FreeCharge unit keen on running RBI’s bill payment systemThe central bank wants to set up the integrated bill payment system to bring transactions under a single umbrella, consolidating the pletho...
- Anywhere, anytime bill payment for all to be available soonUnder the scheme, an individual can collect all his bills — telephone, electricity, water supply, insurance, etc — and pay them through one...
- RBI proposes 'anytime anywhere' bill payment systemThough various forms of payments are accepted, cash and cheque payments continue to be predominant, particularly at the Billers' Own Collec...
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