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Bharat Bill Payment System News

Bharat Bill Payment System

15 Jul 2024

Bharat Bill Payment System: Full List Of Credit Card Billers Live On BBPS

The payment modes options facilitated under the Bharat BillPay are Cards (Credit, Debit and Prepaid), NEFT Internet Banking, UPI, Wallets, Aadhar based Payments and Cash.

Bharat Bill Payment System

04 Jul 2024

HDFC, Axis Bank Customers Can't Pay Credit Card Bill Via CRED, PhonePe, Paytm

The Reserve Bank of India has mandate that all credit outstanding repayments must be routed through the Bharat Bill Payment System (BBPS)- managed by the National Payments Corporation of India (NPCI). The revised norms to streamline the process of bill payments is applicable from 1 July 2024.

Bill payment system

29 Feb 2024

RBI Revises Bill Payment Rules: Key Changes, Effective Date & More - Check

BBPS is a unified platform for paying or collecting bills. The revised rule is coming into effect from April 1, 2024. The new guidelines aim to simplify bill payments.

Indian Overseas Bank

29 Jul 2017

IOB goes live with Bharat Bill Payment system

BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

28 Nov 2014

RBI issues final norms for uniform payment collection system

The Reserve Bank on Friday came out with the final guidelines for the Bharat Bill Payment System (BBPS), which will help consumers pay multiple bills like electricity, telephone and school fees at a single point of transaction.

Bill payment system

07 Aug 2014

RBI proposes 'anytime anywhere' bill payment system

For the convenience of people to pay school fees and municipal taxes and utility bills through an integrated platform, the Reserve Bank on Thursday proposed setting up an "anytime anywhere" bill payment system.

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