{"id":219654,"date":"2019-09-17T18:30:24","date_gmt":"2019-09-17T13:00:24","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=219654"},"modified":"2019-09-17T17:17:43","modified_gmt":"2019-09-17T11:47:43","slug":"bharat-bill-payment-system-expansion-of-biller-categories","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/17\/bharat-bill-payment-system-expansion-of-biller-categories\/","title":{"rendered":"Bharat Bill Payment System – Expansion of biller categories"},"content":{"rendered":"

Please refer to the guidelines on Bharat Bill Payment System (BBPS) issued by the Reserve Bank of India vide\u00a0circular no.DPSS.CO.PD.No.940\/02.27.020\/2014-2015 on November 28, 2014<\/a>. BBPS, as an interoperable platform for repetitive bill payments, currently covers bills of five segments viz. Direct to Home (DTH), Electricity, Gas, Telecom and Water.<\/span><\/strong><\/p>\n

2. As announced in para 3 of the\u00a0Statement on Developmental and Regulatory Policies<\/a>\u00a0released with the\u00a0Third Bi-monthly Monetary Policy Statement 2019-20 of August 07, 2019<\/a>, it has been decided to expand the scope and coverage of BBPS to include all categories of billers who raise recurring bills (except prepaid recharges) as eligible participants, on a voluntary basis.<\/strong><\/span><\/p>\n

3. This directive is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act, 2007.<\/p>\n

\n

Reserve Bank of India<\/strong><\/p>\n

[Notification dt. 16-09-2019]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Please refer to the guidelines on Bharat Bill Payment System (BBPS) issued by the Reserve Bank of India vide\u00a0circular no.DPSS.CO.PD.No.940\/02.27.020\/2014-2015 on November <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[37621,37622],"class_list":["post-219654","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications","tag-bharat-bill-payment-system","tag-expansion-of-biller-categories"],"yoast_head":"\nBharat Bill Payment System - Expansion of biller categories | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/17\/bharat-bill-payment-system-expansion-of-biller-categories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bharat Bill Payment System - 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