The Reserve Bank of India-conceptualised Bharat Bill Payment System (BBPS) has been clocking 80 million monthly transactions. It is employing a three-pronged strategy for growth, NPCI Bharat BillPay CEO Noopur Chaturvedi tells Swapnil Joglekar in a zoom interview. Edited excerpts:
This month, the RBI allowed non-resident Indians (NRIs) to pay utility bills and education fees for their family members living in India via BBPS. Would you say this is just to increase the ease of access or to bring in more inward remittances?
The National Payments Corporation of India (NPCI) has been driving its inclusion agenda. We have more than