Please refer to the guidelines on Bharat Bill Payment System (BBPS) issued by the Reserve Bank of India vide circular no.DPSS.CO.PD.No.940/02.27.020/2014-2015 on November 28, 2014. 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.
2. As announced in para 3 of the Statement on Developmental and Regulatory Policies released with the Third Bi-monthly Monetary Policy Statement 2019-20 of August 07, 2019, 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.
3. This directive is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act, 2007.
Reserve Bank of India
[Notification dt. 16-09-2019]
