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RBI Expands BBPS Coverage To All Categories

17 September 2019


Mumbai:  The Reserve Bank of India on Monday expanded the Bharat Bill Payment System coverage to include all categories of billers, except prepaid recharges.

The move will aid in greater digitization of cash-based bill payments.

Till now, BBPS, which is an interoperable platform for repetitive bill payments covered direct-to-home (DTH), electricity, gas, telecom, and water bills.