Mobile Pre-Paid Recharges - BBPS Billers or Not
Mobile Pre-Paid Recharges - BBPS Billers or Not
The trigger for this blog post is:
Stop charging platform fee on BBPS payments: NPCI directs
payment apps @ https://timesofindia.indiatimes.com/business/india-business/npci-directs-apps-not-to-charge-bill-payment-fees/articleshow/93841809.cms
The main motivation for this blog post is:
Soon, NRIs can pay bills of their families in India using
Bharat Bill Payment System: RBI @ https://www.financialexpress.com/money/rbi-policy-today-nri-bill-payment-with-bharat-bill-payment-system-bbps-soon/2618515/
The minor motivation for this blog post is :
Reserve Bank of India Cir No : RBI/2021-22/54
CO.DPSS.POLC.No.S188/02-27-020/2021-2022 dt.June 14, 2021
"Bharat Bill Payment System –
Addition of Biller Category"
Quote
With consistent growth in different biller categories and to
facilitate mobile prepaid customers with more options to recharge, it has been
decided to permit ‘mobile prepaid recharges’ as a biller category in BBPS, on a
voluntary basis. This will be implemented on or before August 31, 2021.
Unquote
BSNL Pre-Paid recharge via PhonePe – Platform fee of INR2 (Rupees
Two)
BSNL Pre-Paid recharge via NPCI BHIM – Platform fee of INR0 (Rupees
ZERO)
My vote goes for NPCI BHIM
Disclaimer: These are my personal views only. The bottom line
is Safe ePayments. Nothing More – Nothing Less
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