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 2024The 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 2023The 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 2019The 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 2019RBI 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 2019Auto –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 2019Truecaller 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 2018It will benefit consumers and allow them to seamlessly transfer money between different instruments
2 min read23 Oct 2018The 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 2018The 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