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 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":55141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[37621,37622],"class_list":["post-219654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-bharat-bill-payment-system","tag-expansion-of-biller-categories"],"yoast_head":"\n
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