innovationinbanking

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 Apps NPCI manages both BBPS and BHIM, which makes it easy to integrate BBPS with BHIM

          Do not be surprised, if the ‘Balance Enquiry’ option is not visible in Google TeZ or PhonePe           The popularity of UPI is growing by leaps and bounds. The number of high-profile internet companies in line to enter the UPI bandwagon is high.           This has prompted National Payments Corporation of India (NPCI) to take steps to safeguard sensitive customer’s financial information.           NPCI vide its Cir No. NPCI/UPI/OC No. 44/2017-18 dt. January 11th 2018, has reiterated two important guidelines.           Guideline 01) Balance Inquiry in UPI – Optional for PSP & 3rd party UPI enabled App.           Guideline 02)  No storage or usage of Customer Account Balance ...