bharat bill payment

Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as a Bharat Bill Payment Operating Unit (BBPOU). Under Bharat Bill Payment System (BBPS), a BBPOU is allowed to facilitate bill…

RBI MPC Decisions: The Reserve Bank of India on Friday proposed to enable the Bharat Bill Payment System to accept the cross border inward bill payments to help non-resident Indians or NRIs to make bill payments for utilities, education and…

At present, a net worth of ₹100 crore is required to obtain authorisation for a non-bank BBPOU (Bharat Bill Payment Operating Units). The RBI on Thursday eased norms for non-bank entities to set up Bharat Bill Payment operating units by…