Major credit card issuers go live on BBPS platform
Business Standard|July 13, 2024
Issuers live on the platform cater to 80-85% customers
SUBRATA PANDA & AJINKYA KAWALE
Major credit card issuers go live on BBPS platform

Major credit issuers, including the largest HDFC Bank -have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via thirdparty applications.

HDFC Bank went live on the platform earlier this week.

According to the BBPS website, currently Axis Bank, the fourth largest credit card issuer, Indian Overseas Bank, and Yes Bank are in the process of getting their systems integrated and are expected to go live on the platform soon.

Currently, 15 major issuers are live on the platform, including ICICI Bank, SBI Cards, Kotak Mahindra Bank, BoB card, and IndusInd Bank. There are now over 30 credit card issuers in the country.

هذه القصة مأخوذة من طبعة July 13, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 13, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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