Bill Payment News

Videos

Why Paying Just The 'Minimum Amount Due' On Your Credit Card Could Destroy You Financially

If you're one of those who just pay the minimum balance due on your credit card instead of paying off the full amount, STOP. You must pay your entire balance due in time, or else it could destroy you financially. This is because there are 2 things that all credit card companies may not tell you about the attractive option just paying the 'minimum due' amount - watch to find out!

30 Mar 2024
Videos

How to avoid bill default | 6 tips

Click here to download the Mint App

24 Feb 2023
News

Transaction in UPI, IMPS, Bharat Bill sees slowdown in growth rate. Here's what RBI's data shows

The latest bulletin of RBI showed that the growth rate in transactions in UPI, IMPS and Bharat Bill Payment System slowed down in January 2023 compared to the growth rate of the same month last year.

2 min read18 Feb 2023
Industry

You can now pay insurance premium, school fees, municipal taxes through Bharat Bill Payment System (BBPS)

The only category excluded from Bharat Bill Payment System (BBPS) now is prepaid rechargesBBPS payments can be made using cash, cheques as well as through digital methods

1 min read17 Sep 2019
Industry

RBI expands scope of Bharat Bill Payment System

The payment system is an interoperable platform that enables a customer to pay bills such as telephone, DTH and electricity at a single locationOther recurring payments such as school fees, municipal taxes, insurance premiums can also be paid through the Bharat Bill Payment System

1 min read17 Sep 2019
News

RBI allows payment of all recurring bills through BBPS

RBI expands the scope and coverage of BBPS to include all categories of billers who raise recurring bills (except prepaid recharges)Analysts say expansion of biller categories would increase the user base of Bharat Bill Pay and enhance consumer confidence and experience

1 min read16 Sep 2019
Money

How to be free from the hassle of remembering recurring payments

Auto –debit facility sets you free from remembering payments every monthTo start an auto-debit facility you need to fill in the auto-debit mandate with the service provider and get the same endorsed by the bank

2 min read15 Aug 2019
Industry

Truecaller Pay to go live with Bharat Bill Payments Service in December

Truecaller Pay has already started testing the feature with around 54 billers and will soon go live with all the billers on the payments app

2 min read29 Nov 2018
Opinion

Opinion | RBI’s advice on interoperability of PPIs consumer-friendly step

It will benefit consumers and allow them to seamlessly transfer money between different instruments

2 min read23 Oct 2018
Politics

Hospitals can’t detain patients, bodies over payment disputes: draft Patient Charter

The draft Patient Charter states that it is duty of the hospital to not wrongfully confine any patient, or dead body of a patient, treated in the hospital under any circumstance

3 min read16 Sep 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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