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True Balance ties up with Bharat Bill Payment Operating Unit to become holistic payment app

True Balance ties up with Bharat Bill Payment Operating Unit to become holistic payment app

Kolkata, Jun 19 (UNI) True Balance, a Digital Wallet and Financial Services Platform has announced a tie-up with Bharat Bill payment operating Unit(BBPOU), an RBI conceptualized system, to facilitate quick and easy bill payments.

Partnership with BBPOU will enable users to reap maximum benefits while making payments as well as gain an added advantage of True Balance features like Rate cutters, Smart alerts and One Tap Recharge.

The BBPS is a centralized bill payment system that allows users to use a single website or outlet to make multiple payments which may be repetitive like monthly mobile phone, gas and electricity bills. It offers interoperable and accessible bill payment service to customers, through a network of agents which can provide instant confirmation of payments.

Last month True Balance also added DTH bill payment services to its portfolio. With the tie up with BPPOU, the platform will cover all BBPOU registered users including 52 Electricity boards ,8 Gas billers and 6 DTH billers.

Commenting on the development, Mr Charlie Lee, CEO, True Balance, said, “We are committed towards our goal of extending financial inclusion to the next billion Indian users and reducing the digital divide in the country. An integration with BBPOU will allow us to bring basic Fintech services within the reach of every Indian. We are now a holistic payments app which offers efficient, cost effective and secure payments to all our 50 million user base.”

Launched in 2014 by Balance Hero, True Balance app covers bill management and payment of prepaid and Postpaid services in India over 10 networks across 22 circles. The platform also offers mobile wallet and utility bill payment services.

Apart from providing a simplistic and time saving bill pay experience, True Balance app also offers its users exciting cashback and membership options, instant payment alerts, refunds and instalment payment plans.

UNI SJC KK

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Illegal trading of psychotropic cough syrup: Medical agency owner among 5 arrested

25 Jan 2020 | 2:05 AM

Raipur, Jan 24 (UNI) Busting a major racket involved in psychotropic drug trade, Police in Chhattisgarh capital have arrested five persons including an owner of a medical agency in this connection and recovered 1800 bottles of psychotropic cough syrup worth Rs 2.50 lakh from their possession.

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25 livestock die in accident

25 Jan 2020 | 12:07 AM

Shimla, Jan 24(UNI) At least 25 livestock killed and many others injured when a truck carrying them overturned at Rohru town in the district.

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At first, BDC Chairpersons to take salute on R-Day in J&K

24 Jan 2020 | 11:49 PM

Jammu, Jan 24 (UNI) For the first time in the history of Jammu and Kashmir, Chairpersons of Block Development Councils will take salute at their respective Block Headquarters on the occasion of Republic Day celebrations.

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Guntakal–Kalluru double line is now fit to operate passenger train services with electric traction

24 Jan 2020 | 11:41 PM

Hyderabad, Jan 24 (UNI) The Double Line between Guntakal and Kalluru for a distance of 41 Route Km has been completed along with electrification in all respects.

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BNI Oscar Hyderabad Chapter celebrates 5th anniversary

24 Jan 2020 | 11:36 PM

Hyderabad, Jan 24 (UNI) BNI Oscar, the Hyderabad chapter of Business Network International (BNI), the international referral platform for multiple businesses to synergize and grow, celebrated its 5th anniversary here on Friday.

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