national payments corporation of India

Also including water, gas, DTH and telecom, the anywhere-anytime BBPS service aims to make regular bill payments for all utility services easy.

Looking at its success, the NPCI has been in the works to release an updated UPI called the UPI 2.0, which was launched on August 16, 2018.

A cashless future is here with the Reserve Bank of India (RBI) giving the green light for the United Payments Interface (UPI) to go live. This platform will allow people to make everyday payments by transferring money using mobile banking apps.