What is IBPS? The Indian Bill Payment System (IBPS) is the - TopicsExpress



          

What is IBPS? The Indian Bill Payment System (IBPS) is the proposed centralised infrastructure connecting the billers through the aggregators and the customers through the customer service points, for management of all bill payments; b) Extending the IBPS value chain of banks/non-banks/billers/aggregators, etc.; c) Bill data codification and presentment; d) process of settlement; e) Roles and responsibilities of stakeholders; and f) Customer support and redressal mechanism. Source: RBI website
Posted on: Thu, 20 Jun 2013 05:11:50 +0000

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