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Bharat Bill Payment System (BBPS) is an integrated bill payment system in India that offers interoperable and accessible bill payment service to customers through a network of agents. BBPS is operated by NPCI and allows multiple payment modes, instant confirmation, and cross border inward billing for NRIs.
Protean eGov Technologies is an Indian IT company that provides digital public infrastructure and e-governance solutions for various governmental bodies. It was formerly a subsidiary of NSDL and has projects in tax, social security, ID, cloud, and fintech sectors.
BillDesk is a private company founded in 2000 that provides online payment platform for banking and merchant website transactions. It has subsidiaries such as Loylty Rewardz and Jocata, and was valued at $2.5 billion in 2021.
StockHolding Corporation of India is a public sector company that provides custodial, depository and e-stamping services. It has three subsidiaries and operates in 141 cities and GIFT IFSC in India.
Challan is a Hindi word that means an official form or receipt of acknowledgement or proof document. It is used in various contexts, such as banking, tax, delivery, and traffic, and has different meanings and applications in different countries.
For instance, an online merchant could verify your card when you make the purchase and then authorize your card when you are actually due to make the payment (typically after the merchant ships ...
Unified Payments Interface (UPI) is an Indian instant payment system and protocol developed by NPCI in 2016. It facilitates inter-bank transactions on mobile devices using UPI ID or mobile number, and has over 300 million monthly active users and 12.20 billion transactions in January 2024.
Learn about the different methods and challenges of online payment, such as credit cards, bank transfers, e-wallets, and mobile money. Find out how e-commerce payment systems work, what security issues they face, and how they comply with regulations.