New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    NPCI Bharat BillPay, a wholly-owned subsidiary of the

    National Payments Corporation of India (NPCI), has launch services under the Business-to-Business (B2B) category that will include  flexible invoice presentation, complaint management and MIS (management information system), among others.This has been launched in partnership with which bank ?
    A HDFC Bank Correct Answer Incorrect Answer
    B Axis Bank Correct Answer Incorrect Answer
    C ICICI Bank Correct Answer Incorrect Answer
    D YES Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    NPCI Bharat BillPay, a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has launch services under the Business-to-Business (B2B) category in partnership with Axis Bank.  Services will include flexible invoice presentation, complaint management and MIS (management information system), among others. The platform will offer multiple payment modes like UPI, net banking, cards, wallet, IMPS, cash, etc along with multiple payment channels like Mobile app, Website, Agent, Branch, etc, adding that it will also allow partial payments in order to cater cash flow needs of the B2B segment.

    Practice Next