Soon, RuPay credit card bill payment via BBPS (Hope visa/mastercard/Banks will also join)

[Abhishek012]

Soon, RuPay credit card bill payment via NBBL (formerly BBPS) (Hope visa/mastercard/Banks will also join):

RuPay release a circular for "RuPay Credit Card Bill Payment Through BBPS"

Recognizing the significance of credit card bill payment for credit card users, it is imperative to establish a standard platform that ensures secure, interoperable, and accessible bill payment functionality. In line with this objective, NBBL has released the necessary guidelines and changes for enabling credit card bill payments through the Bharat Bill Payment System (BBPS). These guidelines are outlined in the operating circular NPCl/2022-23/BBPS/007, subject "Bharat Bill Payment System — Standardization of Retail Credit Card Category," dated 5th December 2022 (Annexure A).

It is important for credit card issuers, to provide this feature to their RuPay credit card customers for a rich and seamless experience. Hence, member banks should implement this feature across their entire RuPay credit card portfolio by 31st July 2023. This enablement will significantly elevate the customer experience by facilitating a convenient and frictionless credit card bill payment process.

NBBL (formerly BBPS) circular -

Introduction

Through retail credit card category, customers can pay their respective credit card bills, either partially or in full or any other amount, on BBPS enabled platforms. The interoperability Of BBPS platform would ensure that customers have the ease of paying all their credit card bills on a single platform.
Customer will have a standard enhance user experience while paying their credit card bills using BBPS platform. Customer will be allowed to make full payment, part payment and/ or advance payment. This would be facilitated by configuring Credit Card Billers with Adhoc payments enabled with payment mode specific amount limits in place. Biller will be onboarded as a fetch and pay biller for credit card category

User Journey



Read full circular here - https://www.npci.org.in/PDF/npci/rupay/2023/RuPay-Credit-Card-Bill-Payment-Through-BBPS.pdf

 

[moneyMaker]

whats BBPS and why should I use it?

 

[Abhishek012]

whats BBPS and why should I use it?

BBPS is Bharat Bill Payment System or now official name is NBBL (NPCI Bharat BillPay Ltd).

All our recharge, utility bill payment, insurance, school & college fees etc we pay through BBPS.

NBBL (formerly BBPS) is an integrated, interoperable payments platform. BBPS or Bharat Bill Payment System facilitates bill payments across a variety of billing categories, including but not limited to electricity. gas. water. DTH, mobile recharge, cable, municipal taxes. insurance premiums etc. Conceptualised by the RBI and maintained by the NPCI, Bharat Bill Pay is a safe and reliable one-stop payment destination for customers where they can pay for a wide range of services using either electronic modes of payment or cash. Moreover, since the BBPS platform can be accessed anytime, anywhere, through a mobile banking app or its network of on-ground agents, paying recurring bills becomes exceptionally easy and convenient for the customer.

BBPS now also expand Internationally.

RBI enables cross-border bill payments via BBPS, you can pay your utility bill or any other type of bill payment like school & college fees in India from anywhere in the world.

You can see this logo or image in almost all bill payment apps or websites -

 

[thedator]

This is awesome!

 

[John Since]

Soon, RuPay credit card bill payment via NBBL (formerly BBPS) (Hope visa/mastercard/Banks will also join):

RuPay release a circular for "RuPay Credit Card Bill Payment Through BBPS"

Recognizing the significance of credit card bill payment for credit card users, it is imperative to establish a standard platform that ensures secure, interoperable, and accessible bill payment functionality. In line with this objective, NBBL has released the necessary guidelines and changes for enabling credit card bill payments through the Bharat Bill Payment System (BBPS). These guidelines are outlined in the operating circular NPCl/2022-23/BBPS/007, subject "Bharat Bill Payment System — Standardization of Retail Credit Card Category," dated 5th December 2022 (Annexure A).

It is important for credit card issuers, to provide this feature to their RuPay credit card customers for a rich and seamless experience. Hence, member banks should implement this feature across their entire RuPay credit card portfolio by 31st July 2023. This enablement will significantly elevate the customer experience by facilitating a convenient and frictionless credit card bill payment process.

NBBL (formerly BBPS) circular -

Introduction

Through retail credit card category, customers can pay their respective credit card bills, either partially or in full or any other amount, on BBPS enabled platforms. The interoperability Of BBPS platform would ensure that customers have the ease of paying all their credit card bills on a single platform.
Customer will have a standard enhance user experience while paying their credit card bills using BBPS platform. Customer will be allowed to make full payment, part payment and/ or advance payment. This would be facilitated by configuring Credit Card Billers with Adhoc payments enabled with payment mode specific amount limits in place. Biller will be onboarded as a fetch and pay biller for credit card category

User Journey



Read full circular here - https://www.npci.org.in/PDF/npci/rupay/2023/RuPay-Credit-Card-Bill-Payment-Through-BBPS.pdf

Are visa and MasterCard are not already there on bbps for CC bill payments?
I can see them in the mobile banking apps.
Or am I missing something here? @Abhishek012

 

[VISHESH_BANSAL]

Are visa and MasterCard are not already there on bbps for CC bill payments?
I can see them in the mobile banking apps.
Or am I missing something here? @Abhishek012

Only BOB and Kotak are BBPS Biller

Mobile Banking Apps use Billdesk for Processing Bill Payments of other Bank's Credit Cards not BBPS.

To identify a BBPS Biller, check for the logo of BBPS against that Biller

 

[VijayflyRaven]

BBPS has higher failure rate for me with BOB. Not sure if it is BBPS or BOB causing the problem

 

[CardTox]

It mean we will be able to pay all CC bill through payzapp... mean 2l loaded per month and payment of CC!!!!

 

[VijayflyRaven]

If loophole is not plugged when this is active.

It mean we will be able to pay all CC bill through payzapp... mean 2l loaded per month and payment of CC!!!!

 

[kkk]

It mean we will be able to pay all CC bill through payzapp... mean 2l loaded per month and payment of CC!!!!

You can load 2 lakh per month but can only use 1 lakh per month and only Rs. 50k per transaction. So, if your CC bill is > 50k then you can't pay bill through paywapp wallet, have faced this issue.

 

[RupayMan]

I knew you are going to post this.

 

[Abhishek012]

BBPS has higher failure rate for me with BOB. Not sure if it is BBPS or BOB causing the problem

Problem with BOB.

Most of the time NON-BBPS bill payment also failure on BOB

 

[Abhishek012]

Member banks should implement this feature across their entire RuPay credit card portfolio by 31st July 2023.

If any work is done in time in India, then overnight we will become America. 😜😜

And people are sitting in the hope that on 1st October, 2023 banks will allow to change the card network.

 

[VISHESH_BANSAL]

If any work is done in time in India, then overnight we will become America. 😜😜

And people are sitting in the hope that on 1st October, 2023 banks will allow to change the card network.

Date extended ?
Official notification released?

 

[akshayhs]

I just want every other bank to implement the way we can pay credit card bills directly through our customized VPA handle:
cc.91<mobile><last 4 digits of credit card>@<bank>. This will solve 90% of the payment issues that banks are currently handling and because it gets settled into account quickly, the customer does not have any headache in following up pending settlements or failed payments.

 

[Strange]

I just want every other bank to implement the way we can pay credit card bills directly through our customized VPA handle:
cc.91<mobile><last 4 digits of credit card>@<bank>. This will solve 90% of the payment issues that banks are currently handling and because it gets settled into account quickly, the customer does not have any headache in following up pending settlements or failed payments.

ICICI has implemented it but they need full card number.

 

[Abhishek012]

Date extended ?
Official notification released?

No Official notification released

 

[Abhishek012]

I just want every other bank to implement the way we can pay credit card bills directly through our customized VPA handle:
cc.91<mobile><last 4 digits of credit card>@<bank>. This will solve 90% of the payment issues that banks are currently handling and because it gets settled into account quickly, the customer does not have any headache in following up pending settlements or failed payments.

CC bill pay through IMPS, already released a circular, Now pay Credit Card Bill using virtual number through IMPS -

Now pay Credit Card Bill using virtual number through IMPS

Now pay Credit Card Bill using virtual number through IMPS: IMPS release a circular for Credit Card Bill Payments using virtual number through IMPS. Immediate Payment Service (IMPS) allows a customer to make their credit card bill payments seamlessly just by inputting credit card number as...

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