Categories: Business

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

Recent Posts

First Indian to Receive Nobel Prize, Know About His Career and Achievements

The Nobel prize is one of the world's most prestigious awards, given for remarkable contributions…

10 hours ago

Largest Lake in the World By Surface Area 2024, List of Top-10

Lakes are among the most beautiful natural features of our planet. They are vital sources…

11 hours ago

Top-10 Most Searched People on Google of India as of 2024

In 2024, many individuals captured global attention through their work, personal lives, or events surrounding…

12 hours ago

Manish Jain Appointed Executive Director at YES Bank

YES Bank announced that the Reserve Bank of India (RBI) had approved the appointment of…

13 hours ago

Taste Atlas Reveals 2024-25 Top Food Cities

Food is a significant aspect of cultural exploration, with many travelers seeking out destinations known…

13 hours ago

Smallest Continent in the World, Check the Name and Interesting Facts

In a world with large land areas and vast territories, Australia stands out as the…

13 hours ago