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RBI panel moots centralised bill payment system

RBI panel today made a case for centralised bill payment system catering to different financial instruments, like cheques, debit cards and mobile bankingMUMBAI: A committee set up by Reserve Bank of India has suggested a mechanism for centralised bills payment system in the country, primarily by setting up two organisations - Bharat Bill Payment Services or BBPS and the Bharat Bill Payment Operating...
Source : The Economic Times |
Category : Business

What's the best way to pay bills automatically?

You have more control paying your bills with your bank's online bill payment service.How should I pay bills: have creditors pull funds from my bank account or use my bank's bill-pay service? -- Emmett McAuliffe, St. LouisThe answer depends on whether you care more about convenience or control. If it's control, pay your bills via your bank. That makes it far easier to stop, change, or delay a payment,...
Source : cnn |
Category : Personal Finance

Can missing a single payment affect your CIBIL score?

etcHave you ever missed a payment of your credit card bill? Wondered if it affects your credit score? Every single missed payment does impact your score. The right question to probably ask is how much does a missed payment impact your CIBIL Score?A lot of us have the habit of neglecting personal finances. At times we miss paying our bills on time and aren’t aware of consequences of the missed payment....
Source : Indiainfoline |
Category : Business

DJB unveils online bill payment facility

Jal Board (DJB) Friday unveiled online bill payment facilities for its consumers....
Source : Webindia123 |
Category : Business

Samsung ties up with Vodafone, Aircel to enable carrier billing for Samsung App store

period.Samsung ties up with Vodafone, Aircel to enable carrier billing for Samsung App storeWith this operator billing integration, Samsung smartphone users will be able to download their apps and games with the option of payment through their mobile bill, India’s No. 1 handset maker said.will be able to download their apps and games with the option of payment through their mobile bill, India's No....
Source : The Economic Times |
Category : Business

RBI forms panel for bill payment platform

Reserve Bank of India (RBI) today constituted an advisory group to implement a national bill payment system that will enable households to pay utility bills, school fees, remittances and other bills using their bank accounts."The RBI has announced the constitution of a GIRO Advisory Group (GAG) to implement a national GIRO-based Indian Bill Payment System such that households will be able to use bank...
Source : Ndtv |
Category : Others

Your Money Adviser: Businesses Manage Medical Bill Payment Plans

Payment services let patients pay bills over time and let hospitals get paid for care immediately.    ...
Source : The New York Times |
Category : Others

Pak cuts off parliament, prime ministers offices electricity for non- payment of bills

has cut off the electricity supply to several major official buildings for non-payment of bills....
Source : Webindia123 |
Category : Headlines

Mobile banking apps a hackers paradise

Love fund transfers or bill payments via mobile banking as you think two-step authentication process is secure? This may not be the...
Source : Webindia123 |
Category : Headlines

eBay to acquire Braintree for $800 mn, to bolster PayPal business

said it would buy payment gateway Braintree for about $800 million in cash to add to its PayPal business., which has more than 180 employees, helps to process online and mobile credit card payments by providing a merchant account, payment gateway, billing and credit card storage.Braintree will continue to operate as a separate service within PayPal, led by Braintree Chief Executive Bill Ready, EBay...
Source : IBNLive |
Category : Science N Technology | City : Bangalore
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