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 ...
23 Aug, 2024, 04.26 PM IST
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...
09 Jul, 2024, 05.05 PM IST
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...
21 Jun, 2024, 06.01 AM IST
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...
23 Aug, 2023, 08.06 AM IST
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...
24 Sep, 2021, 06.46 AM IST
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...
14 Jun, 2021, 07.10 PM IST
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,...
16 Sep, 2019, 09.07 PM IST
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...
28 Dec, 2016, 03.05 PM IST
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.
26 Dec, 2016, 01.14 AM IST
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.
27 Jul, 2016, 12.55 PM IST
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...
04 Jul, 2016, 03.16 PM IST
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,...
16 May, 2016, 02.06 PM IST
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.
30 Mar, 2016, 05.22 AM IST
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...
24 Dec, 2015, 05.52 AM IST
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...
23 Dec, 2015, 01.11 PM IST
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...
29 Nov, 2014, 12.28 PM IST
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...
07 Aug, 2014, 08.26 PM IST