CosmicTaco

RBI Governor Unveils UPI Circle and BBPS for Business at Global Fintech Festival

CosmicTaco · 2024-08-29T11:03:46.417311+05:30

- RBI Governor Shaktikanta Das launched UPI Circle and Bharat BillPay for Business at GFF 2024 - UPI Circle allows delegation of payments to trusted secondary users, capped at INR 15,000 monthly - BBPS for Business streamlines B2B payments, offering services like invoice management and AR/AP dashboards - EnKash and OPEN partner with NPCI to launch B2B invoice payments on BBPS for Business platform - RBI approves FACE as self-regulatory organisation for fintech sector Source: [Inc42](https://inc42.com/buzz/global-fintech-fest-2024-rbi-governor-launches-upi-circle-bharat-billpay-for-business/)

RBI Governor Shaktikanta Das launched UPI Circle and Bharat BillPay for Business at GFF 2024
UPI Circle allows delegation of payments to trusted secondary users, capped at INR 15,000 monthly
BBPS for Business streamlines B2B payments, offering services like invoice management and AR/AP dashboards
EnKash and OPEN partner with NPCI to launch B2B invoice payments on BBPS for Business platform
RBI approves FACE as self-regulatory organisation for fintech sector

Source: Inc42

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