{"id":86273,"date":"2019-09-20T16:34:21","date_gmt":"2019-09-20T11:04:21","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=10286"},"modified":"2019-09-20T16:34:21","modified_gmt":"2019-09-20T11:04:21","slug":"bharat-bill-payment-systembbps","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/bharat-bill-payment-systembbps\/","title":{"rendered":"Bharat Bill Payment System(BBPS)"},"content":{"rendered":"\n<p><strong>News:<\/strong>The<strong> <\/strong>Reserve Bank of India has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About BBPS:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>BBPS is an interoperable platform for repetitive bill payments.It functions under the aegis of National Payments Corporation of India (NPCI).<\/li><li>It is a one-stop payment platform for all bills providing an interoperable and accessible anytime anywhere bill payment service to customers across the country.<\/li><li>Currently, BBPS covers bills of five segments namely (a) Direct to Home (DTH), (b) Electricity, (c) Gas, (d) Telecom and (e) Water.<\/li><li>The RBI has now decided to expand the scope and coverage of BBPS to include all categories of billers.<\/li><li>The expansion would increase the user base of Bharat Bill Pay along with providing an efficient, cost-effective alternative to existing systems and enhance consumer confidence and experience.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About NPCI:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>National Payments Corporation of India(NPCI) is an umbrella organisation for operating retail payments and settlement systems in India.<\/li><li>It is an initiative of Reserve Bank of India(RBI) and Indian Banks\u2019 Association(IBA) under the provisions of the Payment and Settlement Systems Act,2007 for creating a robust Payment &amp; Settlement Infrastructure in India.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:The Reserve Bank of India has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal. Facts: About BBPS: BBPS is an interoperable platform for repetitive bill payments.It functions under the aegis of National Payments Corporation of India (NPCI). It is a one-stop payment platform&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/bharat-bill-payment-systembbps\/\">Continue reading <span class=\"screen-reader-text\">Bharat Bill Payment System(BBPS)<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3763,3264],"class_list":["post-86273","post","type-post","status-publish","format-standard","hentry","category-economy","tag-bbps","tag-npci","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1699948269},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86273"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86273\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}