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The Bharat Bill Payment System is RBI conceptualized system driven by NPCI. It is a one-stop ecosystem for payment of all bills across India with certainty, reliability and safety of transactions. The BBPS transactions cannot be initiated through which of the following channels?
  • a)
    Mobile Wallets
  • b)
    Internet Banking
  • c)
    Point of Sale
  • d)
    ATM
  • e)
    None of the above
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
The Bharat Bill Payment System is RBI conceptualized system driven by...
All the options are correct as Bharat BillPay transaction can be initiated through multiple payment channels like Internet, Internet Banking, Mobile, Mobile-Banking, Point of Sale terminal, Mobile Wallets, Mobile Point of Sale terminal, Kiosk, ATM, Bank Branch, Agents and Business Correspondents, by just looking at the Bharat BillPay logo.
Hence correct answer is option E.
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The Bharat Bill Payment System is RBI conceptualized system driven by NPCI. It is a one-stop ecosystem for payment of all bills across India with certainty, reliability and safety of transactions. The BBPS transactions cannot be initiated through which of the following channels?a)Mobile Walletsb)Internet Bankingc)Point of Saled)ATMe)None of the aboveCorrect answer is option 'E'. Can you explain this answer?
Question Description
The Bharat Bill Payment System is RBI conceptualized system driven by NPCI. It is a one-stop ecosystem for payment of all bills across India with certainty, reliability and safety of transactions. The BBPS transactions cannot be initiated through which of the following channels?a)Mobile Walletsb)Internet Bankingc)Point of Saled)ATMe)None of the aboveCorrect answer is option 'E'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The Bharat Bill Payment System is RBI conceptualized system driven by NPCI. It is a one-stop ecosystem for payment of all bills across India with certainty, reliability and safety of transactions. The BBPS transactions cannot be initiated through which of the following channels?a)Mobile Walletsb)Internet Bankingc)Point of Saled)ATMe)None of the aboveCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Bharat Bill Payment System is RBI conceptualized system driven by NPCI. It is a one-stop ecosystem for payment of all bills across India with certainty, reliability and safety of transactions. The BBPS transactions cannot be initiated through which of the following channels?a)Mobile Walletsb)Internet Bankingc)Point of Saled)ATMe)None of the aboveCorrect answer is option 'E'. Can you explain this answer?.
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