Urban cooperative banks and RRBs also come on board
Addition of new banks has increased NPCI's paid up capital to Rs 133 crore from Rs 100 crore
BBPS to link all major billers with all their consumers, simplifying bill presentment and bill payments electronically
BBPS is the Reserve Bank mandated system which will provide interoperable bill payment services to customers
According to NPCI, UPI application of 19 banks can be downloaded from Google Play Store in next 2-3 working days
Of the 29 banks that have tied up with the National Payments Corporation of India, only 10 are ready with the app for the service
It will empower users to perform instant push, pull transactions and transform the way people make payments today