Question : With which of the following has IPPB recently(December 2021) tied up to facilitate cash-based bill payments service at customer’s doorstep ?
a. Bharat BillPay Ltd
b. Indo-Nepal Remittance Service Ltd
c. Immediate Payment Service Ltd
d. None of the above
Ans. a.
Related facts —
- India Post Payments Bank (IPPB) and NPCI Bharat BillPay Ltd., the wholly-owned subsidiary of National Payments Corporation of India, today announced facilitating cash-based assisted bill payments anywhere in the country at customers doorstep through the Bharat BillPay platform.
- The
- platform will also enable all non-IPPB customers to pay bills for various utility and other recurring services.
- The bill payments service will benefit millions of unbanked and underserved customers in remote locations who will
- now be able to access payment solutions at their doorstep.
- Customers will now be able to conveniently pay for their recurring bills not only from the comfort of their homes but also by visiting their nearest post office.
- IPPB has also revamped its bill payments platform by including the best-in-class product features and various user interfacerelated enhancements.
- With this upgrade, over 20,000+ billers that are on Bharat Bill Payment System will be available to customers of various banks and IPPB.