Credit Card bill payment hurdles; w.e.f 1st, July 2024, RBI has mandated credit card bill payments through Bharat Bill Payment System (BBPS)

Ab cc payment par cashback band ?

Source economic times https://www.google.com/amp/s/m.economictimes.co...

End of Cred...?

omg didnt heard this before, nice learn of news:) for me

omg lets see how it goes

ALREADY CRED AND SMIILAR APPS ARE FACING TROUBLE we can see this by them not rewarding much anymore, so guess this is "funding winter" for VC's for apps like CRED i guess

VU+ for the news to spread

what about HDFC 1% billpay via its dc?

so after 1 july what happens to non bbps supported payment ?

Cred will become CRUD

What's the point?

All methods like neft, imps, UPI etc should be available along with bbps. More choices is more flexibility.

Pretty sure there is some confusion in interpretation of RBI guidelines. They can't force to remove existing payment methods.

Good move. Now make a function to autopay cc bill via upi/banks😤

For more visibility vu+ 

All this to make happy Mota bhai.

Jio finance bank

Bahut dur ki sochi hai

Well they always do this type of stunt and keep us dark, and make us struggle.

where can I get rewards for paying onecard bill payment like using rbl signature or hdfc platinum? how you people are paying?

any effect on hdfc billpay, sbi unipay ?

Good news hai ya bad news.. considering.. i use payment to get cb.. with dc..indus idfc sbi rbl in sabke dc ka kya hoga fir

I pay almost all credit card bill from savings account via IMPS (Few banks like AXIS, ICICI, SBI, HSBC, StanChar do not support IMPS and hence for them I use NEFT). This will not work anymore?

None of the credit card companies have sent any notifications about this,

Whenever there is RBI in news.....

If routed thru BBPS, will they allow partial payments, now a lesser amt shown by them is not proceeded further. I mean if the electricity bill is 1111/- you can't pay 500/- etc U hv pay to full amt in one go.

Its good

sometime i miss old days when we use to pay thru PAYTM wallet(put money thru credit card)/rupay card/upi with points  but then cums RBI RBI RBI 😌

I need to pay my HDFC cc with my HDFC platinum card next week... Which app still working ? Only SBI bill pay or any other option.

Note-Sriram app removed debit card option.. So not possible

Can we sue someone if in BBPS they don't let us edit the bill amount to pay? Unipay has turned it off for Kotak and IndusInd already 😡

The reason is also that companies get your card number and sometimes data, which will end with BBPS. Also, cred is already live with BBPS, and so are others as I pay SBI by cred as well. So, all offers will continue as it is. The only thing now, they will not have your transaction data and full card numbers.

Main question....

What are the alternatives .. ?

Or other  options ... ?

How about instant/same day credit, usually when we pay through bbps,it takes 2 days to credit.correct me if I am wrong.

thanks for this news..

@abhishek102 Will the Neft payment through SBI cashback card trick on Snapay still work after July1?

@abhishek012  ..As per Rationale -"In terms of data, the RBI can bring in more transparency and higher public accountability."  - Heart attack aa gayaa..How can they say words like public accountability .. Billionaores are leaving india and common man is scrutanised from every IN and OUT transaction. Practically this is implementation of "Big Brother is watching every move" type modus operandi. 

After 30th June may I able to pay my all bank's credit card bill through SBI Unipay using HDFC Platinum Debit Card or not? Please confirm 🥺