Question

What is the expansion of UPMS, recently launched by NPCI Bharat BillPay?

• A. Unified Presentment Management System
• B. Unified Payment Management System
• C. Universal Payment Management System
• D. Universal Presentment Management System

Answer 1

Answer:

A. Unified Presentment Management System

NPCI Bharat Bill Pay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India has introduced ‘Unified Presentment Management System’ (UPMS). Through UPMS, NBBL will enable the customers to set up standing instructions on their recurring bill payments. The bills will be automatically fetched from the billers and presented to customers for auto-debit.