Glossary of Banking Terms
Sunday, May 20, 2018
Onboard BBPS into BHIM and see the volumes zoom
The integration of BBPS with Google TeZ and instant rewards for Bill Payments has increased Google TeZ volumes
On payment of the Bill through Google TeZ, a scratch card gets generated. Scratch the card, and there are there are two possibilities.
Possibility One :
BETTER LUCK NEXT TIME
Possibility Two :
CONGRATS, YOU HAVE WON INR'XX' AS CASHBACK.
Either way, the outcome is instant, encouraging users to pay bills through the Google TeZ .
This article explains in detail the volumes of various UPI
NPCI manages both BBPS and BHIM, which makes it easy to integrate BBPS with BHIM
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