In a consumer-friendly initiative, Reserve Bank of India (RBI) has expanded the scope and coverage of Bharat Bill Payment System.
It includes all categories of billers who raise recurring bills and payments (except prepaid recharges) as eligible participants, on a voluntary basis.
School fees, insurance premiums, EMIs and municipal taxes, which can also be paid through BBPS.
About
BBPS is an integrated bill payment system that offers interoperable bill payment service to customers online and via a network of agents on ground.
It functions under National Payments Corporation of India.