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Kolkata: Last year, the Reserve Bank of India, permitted cross-border inbound Bill Payments to be received under the rupee drawing arrangement (RDA) through the Bharat Bill Payment System (BBPS).
To significantly enhance the ease of making payments through unified payment interface (UPI) for investments in securities, the Reserve Bank of India (RBI) has decided to introduce single-block and multiple-debits functionality.
Through the 'single-block-and-multiple debits' feature on the Unified Payment Interface (UPI) platform, customers will have more trust while carrying out such transactions.
Through the 'single-block-and-multiple debits' feature on the Unified Payment Interface (UPI) platform, customers will have more trust while carrying out such transactions.
Bharat BillPay, a one-stop platform for facilitating recurring payments across categories, has collaborated with FAARMS to enable a recurring payments facility for farmers across India.