Browsing Tag

epayments

Govt to back free E-payments on Bharat Bill Pay

The government will support free electronic transactions under Bharat Bill Payment System or BBPS and may direct the Indian Banks' Association (IBA) and National Payments Corporation of India (NPCI) to review and act against errant players,…

RBI approves small, offline e-payments

The Reserve Bank of India (RBI) has come out with the framework for facilitating small-value digital payments in offline mode, a move that would promote digital payments in semi-urban and rural areas.The framework incorporates feedback…