Easebuzz gets RBI authorisation to operate as online payment aggregatorEasebuzz has secured final authorisation from the Reserve Bank of India to operate as an online payment aggregator, catering to sectors inc...
How technology is streamlining B2B payment landscape in IndiaThe system eliminates manual processes and reduces errors. Bharat Connect for Business improves efficiency, cash flow, and security for bus...
M1xchange and Bharat BillPay partner to accelerate MSME growth with integrated financingM1xchange has partnered with NPCI Bharat BillPay Ltd. to offer low-cost invoice financing directly from accounting software. This collabora...
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...
NPCI hives off Bhim as separate arm; Lalitha Nataraj to be CEOThe subsidiary named NPCI Bhim Services Limited (NBSL) will aim to meet the growing demand for digital transactions in India and to promote...
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...
BillDesk reports slight growth in revenue, fall in profit in FY23BillDesk's operational revenue increased to Rs 2,678 crore for FY23, with net profit at Rs 141.9 crore. Entrackr reported the financials, h...
NPCI arm, banks and fintechs in talks for net banking synergiesThe Reserve Bank of India (RBI) had on March 4 approved implementation of an interoperable payment system for internet banking transactions...
India to launch interoperability of digital payment systems for internet banking in 2024Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Monday that the central bank plans to introduce interoperability for inte...
RBI tweaks BBPS norms to widen participationThe new guidelines say that commercial and cooperative banks, non-bank payment aggregators and entities authorised as Bharat Bill Payment O...
NPCI Bharat BillPay launches B2B payments serviceNew service will allow vendors to raise bills on their buyers through the bill payment platform and payments can be made in one go or multi...
CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consentCaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulation...
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...
Canara Bank, Bharat BillPay tie up for cross border bill payments for Indian diaspora in OmanCanara Bank and NPCI Bharat BillPay (NBBL) have launched a cross-border inward bill payment service for Indians in Oman. Through the Bharat...
NPCI Bharat BillPay on-boards Tata Power for electricity bill paymentsNPCI Bharat BillPay has on-boarded Tata Power on its platform through which customers will be able to pay their electricity bills in a hass...
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 ...
NPCI transfers automatic bill payments business to new subsidiaryAll licensed bill processors – banks and payment aggregators – on the platform received an email from NPCI on March 31, asking them to star...