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

 

 

Comments

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