The Reserve Bank of India (RBI) on Monday announced that it has decided to permit ‘mobile prepaid recharges’ as a biller category in Bharat Bill Payment System, voluntarily.
In a statement, RBI pointed out that the system provided a standardised bill payment experience, centralised customer grievance redressal mechanism, prescribed customer convenience fee and ensured availability of a bouquet of any time, anywhere digital payment options.
RBI added that 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, voluntarily. This will be implemented on or before August 31, 2021.
BBPS started as an interoperable platform for repetitive bill payments, which covered bills of five categories viz. Direct to Home (DTH), Electricity, Gas, Telecom and Water.
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