MobiKwik to Soon Enable Utility Bill Payments, Receives RBI Approval

MobiKwik to Soon Enable Utility Bill Payments, Receives RBI Approval


MobiKwik to Soon Enable Utility Bill Payments, Receives RBI Approval

The mobile wallet firm MobiKwik on Wednesday said its users across the country will be able to pay the utility and convenience bills using the wallet. The company has received an invisible approval from the RBI to set up a Bharat bill payment operating unit. 

This will now integrate into Bharat bill payment system have a bill payment system by National payments Corporation of India is offering in interoperable and accessible bill payment service to customers through a network of the agent. This was said by Di Bharat bill payment system that there is a tiered structure for operating the bill payment system in the country under a single brand. This will help two responsible for setting business standard rules and procedures for the technical and business requirement for all the participants. 

Initially, in the beginning of this month, Bharat bill payment system will cover repetitive payments for everyday utility services such as electricity, water, gas, telephone and direct to Home also. As the entire country with digital payment and enable Indians from rural to urban areas in making seamless and Secure payment for the mobile phones this was said by the co-founder of the company MobiKwik  Bipin Preet Singh. 

The MobiKwik Company claims to have a network of more than 250000 direct merchants and 45 million plus users. The company will now be integrated into Bharat bill petroleum system as we all know there will be a bill payment system by National payments Corporation of India as well. 

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About Mandvi Dwivedi

A Social Media and Cyber Security Expert. Love to write about latest technology and Gadgets.