Credit card users now have better payment options through third-party apps.
Leading banks like HDFC Bank, ICICI Bank, and Punjab National Bank (PNB) have integrated their systems with the Bharat Bill Payment System (BBPS).
This integration allows users to conveniently pay their credit card bills using these apps.
The Reserve Bank of India (RBI) mandated that all credit card payments must go through BBPS starting from July 1.
Despite this directive, some banks are yet to activate BBPS for credit card bill payments via third-party apps.
Fifteen banks have currently enabled bill payments through BBPS, including ICICI Bank, SBI Cards, Kotak Mahindra Bank, Bank of Baroda Cards, and IndusInd Bank.
Out of the 34 banks authorized to issue credit cards, the following list shows the banks live on BBPS as of July 15.
List of banks
- ICICI Bank Credit Card
2. AU Bank Credit Card
3. BOB Credit Card
4. Canara Bank Credit Card
5. Federal Bank Credit Card
6. HDFC Bank Credit Card
7. IDBI Bank Credit Card
8. IDFC Bank Credit Card
9. Indian Bank Credit Card
10. IndusInd Credit Card
11. Kotak Mahindra Bank Credit Card
12. Punjab National Bank Credit Card
13. Saraswat Sahakari Bank Credit Card
14. SBI Card Credit Card
15. Union Bank of India Credit Card
We’re excited to introduce our new credit card billers, making your payment process smoother and more convenient.@HDFC_Bank | @ICICIBank | Indian Bank | @SaraswatBank | @pnbindia | @IDFCFIRSTBank | @UnionBankTweets #bbps #creditcard #digitalpayments pic.twitter.com/zQOVKsevRn
— Bharat BillPay (@BharatBillPay) July 12, 2024
BBPS is a system for online bill payments that offers interoperable services to customers.
Managed by the National Payments Corporation of India (NPCI), it provides a unified platform for processing bill payments.
It offers a single ecosystem for all bill payments, providing an interoperable and convenient service accessible anytime and anywhere across India, ensuring certainty, reliability, and transaction security.
Bharat BillPay transactions can be started using various payment channels including internet, internet banking, mobile apps, mobile banking, mobile wallets, kiosks, ATMs, bank branches, and agents, by identifying the Bharat BillPay logo.
