Vakrangee announces tie up with IndusInd Bank

Image
Capital Market
Last Updated : Oct 05 2017 | 4:13 PM IST

For Bharat Bill Payment System

Vakrangee announced its tie-up with IndusInd Bank for Bharat Bill Payment System platform to deliver wide range of bill payment services from Vakrangee Kendra outlets.

Reserve Bank of India had appointed NPCI (National Payment Council of India) as nodal agency to launch Bharat Bill Payment System, to ensure nation-wide uniformity in Bill Payment domain services, standards commercials and service charges and BBPS is aimed to consolidate country-wide billers and service providers under one umbrella of technology platform.

Vakrangee shall be part of Bharat Bill Payment System's ecosystem, as National level partner, as Agent Institution (AI), to deliver nation-wide Electricity, Utility Bill Payments, DTH, Post-paid, Water Bills, Gas Bills along with Postpaid telecom bills from BSNL, MTNL, Vodafone, Airtel etc.

Vakrangee and IndusInd Bank have entered in national alliance to cater nation-wide unserved & underserved area across the Country, for rendering Bill-payment services through BBPS unified and aggregated platform and world-class Payment interface based services. IndusInd Bank shall act as Operating Unit for BBPS to channelize entire Technology interface and would offer more than 37 Biller's secured payment service through Vakrangee Kendra network.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 05 2017 | 3:57 PM IST

Next Story