Canara Bank introduced two new digital services for online payments

Posted on:12 Aug 2017 16:08:43
Canara Bank introduced two new digital services for online payments
12 August 2017 Current Affairs: For online payments, Canara Bank introduced two new digital services namely Bharat QR (Quick Response) and Bharat Bill Payment System (BBPS).

Bharat QR (Quick Response) is for payment settlement at merchant locations.

Bharat Bill Payment System (BBPS) is an initiative of the RBI and integrated bill payment system for net banking customers.

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