Doorstep bill payment service : India Post Payments Bank & NPCI partnership

Doorstep bill payment service

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.

Link:
https://www.npci.org.in/PDF/npci/press-releases/2021/Press-Release-India-Post-Payments-Bank-Enables-Recurring-Payments-at-Doorstep-in-Collaboration-with-NPCI-Bharat-BillPay-Ltd.pdf