Non BBPS payments via 3rd party apps to be stopped by RBI forcing all banks to register as BBPS billers

RBI has directed all CC payments to be made using BBPS only.

3rd party apps to stop non bbps card payments from 1st July onwards.

Banks who are not registered as a BBPS biller have been given time till 30th June but 90 days extension has been sought from RBI.

 

[Krishna Kumar]

Same as Unipay

Are you sure?
Merchant name i got is "Rel*Reliance Payment S"
Seems like different MCC as i did not get points for that particular txn alone.

 

[Shubham Yadav]

Better than Unipay🤣

0n 15th Txn Failed at Unipay and Jio Finace

Refund for Jio Finance Credited automatically in time.

Unipay Refund in Air as usual🤣

Jio finance mai refund aa jata h

Ye baat sahi h

 

[Shubham Yadav]

Ek baat toh acchi h ki

Baar baar statement dekho fir payment karo ki problem khatam

Sidha bpps or full payment done

 

[Harsha896]

Better than Unipay🤣

0n 15th Txn Failed at Unipay and Jio Finace

Refund for Jio Finance Credited automatically in time.

Unipay Refund in Air as usual🤣

mera ulta chal rha he

unipay never faced any issue even for amount > 20k..
jio fiannce first payment > 20k , payment pending and money stuck and no help from support or any way to track the transaction..

 

[realjayt]

Kab dene wala tha ?

So raha tha kya ?

Aajkal kaam mai maan nhi lagta h tera

Supreme Commander ki gaddi khisak rahi h

Paltu chacha ke support se bane hain is bar supreme commander, isliye🌚

 

[realjayt]

Kab dene wala tha ?

So raha tha kya ?

Aajkal kaam mai maan nhi lagta h tera

Supreme Commander ki gaddi khisak rahi h

Supreme Commander be like

 

[VISHESH_BANSAL]

Are you sure?
Merchant name i got is "Rel*Reliance Payment S"
Seems like different MCC as i did not get points for that particular txn alone.

Yes. You can even ask the MCC over E-Mail.

When IDFC reply it is 4900 then reply them to credit Points

 

[Shubham Yadav]

I herby informed that all TF member

Soon i mean really soon

All of you gonna get

Welcome kit form RBI and envelop contained trick from cc to cc payment would come soon from youtube pr first time

 

[sadhunath]

Interstingly only economic times have reported on this story. At least google hasn't crawled any other news portals yet.

 

[Shubham Yadav]

Ye RBI itna badiya work kr raha h

Mujhe lagta h

Koi TF member secretly help kr raha h rbi ki

Bhagwan usko sahi salamat rakhe

 

[cooldude74]

yuhi kuch comment karo.. Maza aayega chalo ispar discuss karte hai

Kya baat h!!

Kal der raat tak @Paresh-Raval k saath debate kar k mazaa nahi aaya?

Waise uss debate ka outcome kya tha?

Break lene k baad, fir se DM me 1-to-1 continue kiye the ya nahi?

 

[Fini7777]

What about co-branded cards then? As far as i know BBPS does not support co-branded cards.

BBPS supports co-branded cards for bill payments I did not face any isuue for my kotak myntra cc till date

 

[great]

Whats for me?
What pro and cons as a common consumer

like cashback / offers will increase or decrease
payment credited to be quicker/delayed
any others

 

[Krishna Kumar]

Whats for me?
What pro and cons as a common consumer

like cashback / offers will increase or decrease
payment credited to be quicker/delayed
any others

Payment credit will be INSTANT.
No more stories of waiting for N number of working days for the payment to be reflected in the card account.

 

[arnalghosh88]

I have a question. Is billdesk and bbps same or different?

 

[Strange]

I have a question. Is billdesk and bbps same or different?

different . .

 

[arnalghosh88]

different . .

can you explain?

 

[Strange]

can you explain?

Billdesk is a private payment gateway company whereas BBPS is a bill payment system owned by Govt. company NPCI.

 

[Krishna Kumar]

Different.

I have a question. Is billdesk and bbps same or different?

BillDesk is a leading BBPOU (Bharat Bill Payment Operating Unit) in the Bharat Bill Payment System (BBPS).

BBPS is a central infrastructure facilitating bill payments, not processing the actual transactions.

RBI-authorised banks or non-bank institutions who conduct payment collection, settlement and aggregation business can join Bharat BillPay as Operating Units.

 

[Abhishek012]

Billdesk is a private payment gateway company whereas BBPS is a bill payment system owned by Govt. company NPCI.

NPCI kab se govt company ho gaya ?

Nikal dega NPCI me sahi se kam nahi karoge toh, 16-16 ghanto tak kam karwate hai NPCI apne employees se.