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Fintech firm Mahagram ties up with TJSB Sahakari Bank to launch payments system

Press Trust of India  |  New Delhi 

Fintech firm has tied-up with to launch Payment System (BBPS) on 15,000 touch points across that will facilitate payment of utility bills, local taxes, premiums among others.

An agent institution (AI) registered on NPCI, has tied up with for BBPS, said in a statement today.

The company said it has already amalgamated its with the BBPS monitored by the (NPCI).

Under its digital platform 'eGram', Mahagram said it is trying to resolve difficulties by assisting in a number of services to people's doorsteps.

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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 09 2018. 22:00 IST