What Does It Mean For You?No Credit Card Payment On Select Banks: If you have a credit card from some major issuers such as ICICI, HDFC, and Axis Bank you will not be able to make the bill payment using third-party apps like Cred, Paytm, and PhonePe.Note: While fintech apps such as PhonePe and CRED are members of BBPS, major credit card issuers such as ICICI, HDFC, and Axis Bank are not yet live on the BBPS platform to receive credit card bill payments.Third-Party Bill Payments For These Banks: If your credit is issued by State Bank of India (SBI), Bank of Baroda, Kotak Mahindra Bank, IndusInd Bank, Federal Bank, Canara Bank, RBL Bank and AU Small Finance Bank there is no need for you to worry. These banks are live on the BBPS platform therefore you can continue to make bill payments via third-party apps.
sekar nallalu banking,Cryptocurrency No Credit Card Repayments Via Third-Party Apps! This Is What It Means For You
Related Posts
CT man allegedly had alcohol, multiple drugs in system during fatal crash in Woodbury in 2023
An Ansonia man was charged with manslaughter and driving under the influence in connection with a fatal head-on crash in[...]
Paytm to Transition from Licensed Business to Distribution Model Amid Rebuilding: Report
As fintech firm Paytm rebuilds its business, a general view in the leadership is that the firm should refrain from[...]
Global government debt surges: a looming crisis and potential pathways forward
The growing burden of government debt Both developed and developing economies worldwide have witnessed a significant surge in government debt,[...]