BANKING AFFAIRS

Detailed explanation-1: -They pay phone, electricity, gas and cable bills, school fees for their children, housing society maintenance fees, club membership fees, municipal taxes and many more such payments. With BBPS, all these payments can be made through a single interface!

Detailed explanation-2: -What is BBPS? Bharat Bill Payment System (BBPS) is a RBI mandated system which offers integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.

Detailed explanation-3: -Top Features of Bharat Bill Payment System (BBPS) Pay any kind of bills like electricity, water, telephone, DTH, mobile phone, gas, etc. Pay any kind of bills like electricity, water, telephone, DTH, mobile phone, gas, etc. Pay any kind of bills like electricity, water, telephone, DTH, mobile phone, gas, etc.

Detailed explanation-4: -Non-Resident Indians can now use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, according to a Reserve Bank of India circular. The Bharat Bill Payment System (BBPS) is an interoperable platform for standardised bill payments.