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.

 

[Strange]

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.

NPCI ke owners RBI, Ministry of Finance and Govt. of India hai to govt. Company hi Hui na wo alag baat hai employees private hai.

 

[ramirami]

Could someone please post a link to the relevant official circular? I searched on the RBI website but couldn't find it.

 

[anonymuos]

unipay never faced any issue even for amount > 20k..

Try paying bill above 1L, non-BBPS with Unipay

 

[lxmxl]

What if they don't allow us to pay the custom amount or extra payment? 😐

That is not a concern. You can always do a UPI or neft directly to the card allowing you to pay as much as you want.

 

[CardTox]

Not in next 1 yr atleast. Because even after on-boarding there will be glitches which will sorted out in phases.

Two opportunities: RUPAY cc to another cc may live soon🤣😂

Axis and HDFC cards will support BBPS, so instant credit
@Abhishek012

Rupay cc to another cc is already patched by all means......then whats the meaning of an opportunity here?

 

[Ash8]

Multiple platforms have cashback offers running for credit card bill payments. We will not be able to now use those after exhausting DC limits(if applicable).

 

[StarLord⚡]

Then I won't get 1% cashback on credit card bill through mobikwik from next month !!!

 

[Obhi]

Now RBI wants to track everyone’s CC bill payment!! Means if cumulative bill payment of all the cards more than the income then there is chance of IT notice. Earlier it was not the case.

 

[popkorn]

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

bill desk crictically do not give any reference number before receiving the payment ( just like CC avenue and others ).. If the transaction is failed, we will have to suffer a lot

 

[GTSaketh]

Can you still make payments of Axis Card if they did that?

Also, which apps use bbps?

 

[newinnov]

Is indie gone too ?
Shuru hone se pahle khatam?

 

[Tejo]

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

Bbps does not support co-branded cards

I hope you referred onecard & other management fintechs ... these are fully co-branded, it's their choice as of now.

Remaining banks co-branded cards are fine for bbps bill pay

 

[yusuf646]

Bbps does not support co-branded cards

I hope you referred onecard management fintech, onecard is fully co-branded it's their choice as of now.

Remaining banks co-branded cards are fine for bbps bill pay

Actually i referred to OneCard, Jupiter, Fi, Scapia etc. Don't know about others. Hopefully all cards will be supported with BBPS in the future.

 

[Tejo]

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.

Aap tho npci employee tho nhi hai na ??

 

[Wealth is my birth right!]

Yes. The King's life (HDFC Platinum DC) is at stake now

750/- short in MLY budget 😩

 

[Harsha896]

Try paying bill above 1L, non-BBPS with Unipay

utna nhi kar pta hu bro, mera ek card ka 750k tak aata he aur dusre ka 1lakh tak hi aata he cashback

 

[Strange]

Try paying bill above 1L, non-BBPS with Unipay

Maine HDFC CC ka 1L ka bill pay kiya hai SBI Unipay se successfully using IndusInd debit card.

Mera Aaj tak SBI Unipay me ek bhi transaction fail nahi hua hai. 🌚

 

[amitagl27]

Could someone please post a link to the relevant official circular? I searched on the RBI website but couldn't find it.

Seems the news is not entirely true. It must be coming from newspapers and some industry insiders.
RBI has not issued any such circulars (as far as I know from my contacts in banks). It is true that all the banks have been asked to integrate with BBPS since RBI wants to make sure all bill payments goes via BBPS.

I don't see this getting implemented in near future. Should give at-least a year advance notice to banks to plan for the integration. System integration planning & execution takes its own sweet time especially with big banks.

Last master circular from RBI on BBPS was this:

Master Direction – Reserve Bank of India (Bharat Bill Payment System) Directions, 2024 - RBI

RBI/DoS. DSG / 2023-24 /111 CO.DPSS.POLC.No. S1114 / 02-27-020 / 2023-2024 February 29, 2024 The Chairman / Managing Director / Chief Executive All Scheduled Commercial Banks including RRBs / Urban Cooperative Banks / State Cooperative Banks / District Central Cooperative Banks / NPCI Bharat...

website.rbi.org.in

 

[Abhishek012]

NPCI ke owners RBI, Ministry of Finance and Govt. of India hai to govt. Company hi Hui na wo alag baat hai employees private hai.

Wikipedia me galat info hai bhai.

Jisko dekho Wikipedia ka source dekhata hai.

 

[Harsh07]

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.

NPCI is subsidiary of RBI i.e., Indirectly govt. owned company.