Tuesday, Aug 20 2019 | Time 11:35 Hrs(IST)
  • Karnataka cabinet expanded
  • Why the Moon's South Pole ?
  • Weighty issues of Chandrayaan-2 !
  • Chandrayaan-2 entering Lunar orbit, a tense 30-minute operation : Sivan
  • Chandrayaan-2 inserted into Lunar Obit
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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.


More News
Karnataka cabinet expanded

Karnataka cabinet expanded

20 Aug 2019 | 11:27 AM

Bengaluru, Aug 20 (UNI) Karnataka Cabinet was expanded on Tuesday by Chief Minister B S
Yediyurappa by inducting 17 Legislators into his 25 day-old Ministry.

see more..
Why the Moon's South Pole ?

Why the Moon's South Pole ?

20 Aug 2019 | 11:25 AM

Chennai, Aug 20 (UNI) Why are countries across the
world investing their resources to reach and explore
the hitherto unexplored frontier-the Moon's South
Pole ?
ISRO, in a tweet said, the world over, countries,
companies and even individuals were turning to
the Moon-vying with each other to fly their flags
on the Lunar South Pole.

see more..
Weighty issues of Chandrayaan-2 !

Weighty issues of Chandrayaan-2 !

20 Aug 2019 | 11:23 AM

Chennai, Aug 20 (UNI) The weight of the payloads of Indian's
second Lunar mission Chandryaan-2, has been described as
'weighty issues' by ISRO.

see more..

Women soldiers to be recruited in Indian Army from Sep 12

20 Aug 2019 | 11:19 AM

Lucknow, Aug 20 (UNI) In a first of its kind, an open recruitment rally for enrolment of Women Military Police (Soldier General Duty) in Indian Army of all districts of Uttar Pradesh and Uttarakhand region would be organised by Recruiting Office (Headquarters), Lucknow at AMC Centre and College here from September 12 to 20, a defence statement said on Tuesday.

see more..
Chandrayaan-2 entering Lunar orbit, a tense 30-minute operation : Sivan

Chandrayaan-2 entering Lunar orbit, a tense 30-minute operation : Sivan

20 Aug 2019 | 11:02 AM

Chennai, Aug 20 (UNI) It was a tense 30 minute operation',
that's how ISRO Chairman Dr K Sivan said on the successful
injection of Chandrayaan-2 spacecraft into the Lunar surface.

see more..