Bharat Bill Pay
Reserve Bank of India vide its letter dated October 12, 2017 has advised NPCI to treat the Bharat Bill Payment System (BBPS) operations as live effective from October 17, 2017. Now Consumers across India can seamlessly pay their Electricity , Gas , DTH , Water, Telecom-Postpaid, Landline and Broad-band postpaid bills via their own banks Internet Banking, Mobile banking or near-by bank-branch. NPCI was granted permission to start pilot run on August 24, 2016. For more details refer https://www.npci.org.in/bharat-billpay-live-members
RuPay Discover Global Cards touch 25 million issuances
The issuance of RuPay Discover Global Cards have reached 25 million milestone. The alliance between NPCI and Discover Financial Services (DFS) was formed to increase the acceptance of RuPay worldwide. Banks began issuing RuPay Discover Global Cards in 2014. Leveraging the established interconnection between the two parties’ payment networks, the scope of this strategic partnership covers issuance of co-branded RuPay-Discover debit and credit international cards by NPCI member banks in India. The RuPay Global Debit and Credit cards are currently issued by 32 banks. They can be used for purchases at merchant locations and cash withdrawals outside India on the Discover Global Network. The Discover Global Network includes Discover Network, Diners Club International, PULSE and affiliated networks.Currently, the RuPay Global Cards are issued in five variants namely, RuPay Global ClassicDebit Card, RuPay Global Classic Credit Card, RuPay Platinum Debit Card, RuPay Platinum Credit Card and RuPay Select Credit Card.
