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

plastikman

TF Legend
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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.
 

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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..
 
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.
 
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