2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Single time Payments
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Fixed Payments
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Recurring Payments
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Multiple Payments
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Detailed explanation-1: -Bharat BillPay facilitates myriad payment modes enabling Bill payments. The payment modes options facilitated under the ecosystem are Cards (Credit, Debit and Prepaid), NEFT Internet Banking, UPI, Wallets, Aadhar based Payments and Cash.
Detailed explanation-2: -Bharat BillPay offers all recurring payments like electricity, telecom, DTH, Gas, water bills, Insurance, Loan repayments, Education fees, FasTag Recharge, Municipal taxes, Housing society, Subscription fees etc.
Detailed explanation-3: -The National Payments Corporation of India (NPCI) will function as the authorized Bharat Bill Payment Central Unit (BBPCU) to set the standards for BBPS processes which need to be adhered to by all operating units under the system.
Detailed explanation-4: -There are 19 categories of billers, which include electricity, insurance, water, and municipal taxes, piped gas, housing societies, credit cards, loan repayments and prepaid mobile phone cards.
Detailed explanation-5: -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.