How Does Bharat Bill Payment System Work?
The Bharat Bill Payment System (BBPS) is an interoperable platform that facilitates bill payments for a variety of services, such as electricity, gas, water, telephone, DTH, insurance, education, loans, and more. It was launched by the Reserve Bank of India (RBI) in 2016 with the objective of making bill payments more convenient and efficient for […]
What is Micro ATM in Banking?
Micro ATMs are small, standalone ATMs that are typically located in retail stores, grocery stores, and other convenient locations. They allow customers to withdraw cash, check their account balance, and transfer money between accounts. Micro ATMs are a convenient way for people to access their banking services, especially those who live in rural areas or […]
