NBBL launched UPMS to simplify recurring bill payments

NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India has introduced a functionality called ‘Unified Presentment Management System’ (UPMS). NBBL through UPMS will enable the customers to set up standing instructions – from any channel and for any mode on their recurring bill payments. The bills will be automatically fetched from the billers and presented to customers for their action, in terms of auto-debit and bill payment management.

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About the UPMS:

• The bills will be automatically fetched from the billers and presented to customers for their action, in terms of auto-debit and bill payment management.
• UPMS will be available to customers through the centralized infrastructure and application support provided by Bharat BillPay Central Unit (BBPCU).

Important takeaways for all competitive exams:

• NPCI Bharat BillPay Ltd Founded: 2021;
• NPCI Bharat BillPay Ltd Headquarters: Mumbai, Maharashtra;
• NPCI Bharat BillPay Ltd CEO: Noopur Chaturvedi.

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