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Fintech firm Mahagram has tied-up with TJSB Sahakari Bank to launch Bharat Bill Payment System (BBPS) on 15,000 touch points across India that will facilitate payment of utility bills, local taxes, premiums among others.
BBPS allows payments of utility bills like electricity, telecom, DTH, gas, water bills.
The company said it is planning to expand the services such as payment of insurance premium, mutual funds, school fees, institution fees, credit cards, local taxes and invoice payments.
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