Credit Card Update: Why HDFC, Axis Bank, Other Banks Customers Can’t Make Credit Card Bill Payments Using CRED, PhonePe, Paytm? EXPLAINED | Personal Finance News
New Delhi: The Reserve Bank of India has mandate that all credit outstanding repayments must be routed through the Bharat Bill Payment System (BBPS)- managed by the National Payments Corporation of India (NPCI). The revised norms to streamline the process of bill payments is applicable from 1 July 2024. What Is Bharat Bill Payment System […]