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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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Ex-Cong MP K C Ramamurthy joins BJP

22 Oct 2019 | 5:45 PM

Bengaluru, Oct 22 (UNI) Former Congress Rajya Sabha member from Karnataka, K C Ramamurthy joined BJP here on Tuesday in New Delhi.

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BSF seizes 1 05 kg heroin from Punjab border

22 Oct 2019 | 5:44 PM

Jalandhar, Oct 22 (UNI) The Border Security Force (BSF) recovered three plastic bottles filled with contraband suspected to be heroin from near the BoP Satpal, Ex-136 Bn BSF in Ferozepur sector.

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UNICES orientation Programme at MANUU on Oct 23

22 Oct 2019 | 5:43 PM

Hyderabad, Oct 22 (UNI) Maulana Azad National National Urdu University (MANUU) and United Nations International Children’s Emergency Fund (UNICEF) under their project ‘Leadership for Social Change’ is organizing an orientation programme at MANUU Campus here on Wednesday.

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Punjab Woman Commission may recommend transfer, postings of police officers

22 Oct 2019 | 5:42 PM

Chandigarh, Oct 22 (UNI) In what may been seen as a bold step to empower the Punjab State Commission for Women, the Punjab Police has decided to consider the recommendation of the Chairperson of the Women Commission while posting and transferring a police officer to a new destination.

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KSUM signs LoI with fintech major Finastra

KSUM signs LoI with fintech major Finastra

22 Oct 2019 | 5:38 PM

Thiruvananthapuram, Oct 22 (UNI) Kerala Startup Mission (KSUM) has signed a Letter of Intent (LoI) with the UK-based fintech major Finastra, to build a partnership that will enable Kerala-based startups to tap the growing demand for technology and solutions by financial services across the world.

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