On June 14, the Reserve Bank of India (RBI) approved prepaid mobile recharges via the Bharat Bill Payment System (BBPS). The National Payments Corporation of India operates the BBPS, an interoperable platform for recurring bill payments (NPCI).
"With consistent growth in multiple biller categories, it has been agreed to allow 'mobile prepaid recharges' as a biller category in BBPS, on a voluntary basis, to provide mobile prepaid clients with more options to recharge. The RBI indicated in a statement that "this will be implemented on or before August 31, 2021."
Bharat Bill Payment System (BBPS)
The Bharat Bill Payment System (BBPS) is an integrated online platform for utility bill payments established by the National Payments Corporation of India. The platform delivers an interoperable service to consumers through a digital and networks of agents, such as bank internet banking, mobile banking, and retail stores, allowing them to pay their bills in one place, at any time, and from any location.
BBPS began in 2014 as a platform for automating bill payments for five different types of bills: direct to home (DTH), energy, gas, telecom, and water. The system featured a standardised bill paying experience, a centralised customer grievance redress procedure, a customer convenience fee, and the ability to pay bills online.