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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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ULB victory in Jammu cleared that people punished Oppn for maligning BJP's image: Jitendra

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22 Oct 2018 | 9:33 PM

Jammu, Oct 22 (UNI) Union Minister Jitendra Singh on Monday said the results of the recently-held Urban Local Body elections clearly indicated that people of the sState, particularly in Jammu region, had punished the Opposition parties for unreasonably maligning the BJP and its top leadership, headed by Prime Minister Narendra Modi.

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EC  team arrives to review poll preparedness for  Assembly election in Telangana

EC team arrives to review poll preparedness for Assembly election in Telangana

22 Oct 2018 | 8:28 PM

Hyderabad, Oct 21 (UNI) A 11-member Election Commission team arrived here on Monday on a three- day visit to undertake a comprehensive review on the preparedness for the Assembly Election on December 7 in Telangana.

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Eight die, 13 injured as luxury bus rams into truck in Ahmednagar

Eight die, 13 injured as luxury bus rams into truck in Ahmednagar

22 Oct 2018 | 8:07 PM

Pune, Oct 22 (UNI) Eight passengers died on the spot and 13 others
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rammed into a truck from behind on Pune-Ahmednagar highway in Parner
taluka of Ahmednagar district on Monday.

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Amritsar train tragedy: Congress failed to fix responsibility, alleges BJP

Amritsar train tragedy: Congress failed to fix responsibility, alleges BJP

22 Oct 2018 | 7:54 PM

Amritsar, Oct 22 (UNI) Senior BJP leader Rajinder Mohan Singh Chhina on Monday came down heavily upon the Congress government in the state for denying justice to the families, whose loved ones were killed in the train mishap at Jaura Fatak, Amritsar, during Dusshera celebrations.

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17 IAS, 11 HCS officers transferred in Haryana

22 Oct 2018 | 7:49 PM

Chandigarh, Oct 22 (UNI) Haryana government has issued transfer and posting orders of 17 IAS and 11 HCS officers, with immediate effect.

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