NPCI ropes Noopur Chaturvedi as Bharat BillPay CEO
Recently, The National Payments Corporation of India (NPCI) said former PayU Country Head for Small and Medium Businesses (SMB) Noopur Chaturvedi has been elevated as the CEO of NPCI Bharat BillPay. Noopur’s mandate is to work on the Reserve Bank of India’s (RBI) vision to scale up the Bharat Bill Pay System (BBPS) platform and make it the most preferred solution for all bill payments.
She will work closely with the BBPS ecosystem to grow digital bill payments with superior customer experience. Noopur has two eras of involvement in the banking and fintech industry and served as the chief of Corporate Business and Alliances at Airtel Payments Bank, before joining PayU in 2019. She started her BFSI voyage with CitiBank and has also worked with ING Vysya Bank, Samsung, and Infosys.
An exclusively maintained subsidiary of NPCI, BBPS started as an interoperable dais for recurrent bill payments, which covered bills of five categories i.e. Direct to Home (DTH), electricity, gas, telecom, and water.
The scope and coverage of BBPS were prolonged in September 2019 when the RBI definite to comprise all sorts of billers who raise recurring bills (except mobile prepaid recharges) as appropriate contributors. In June this year, the RBI allowed mobile prepaid recharges as a biller category in BBPS, on a voluntary basis to be implemented by August 31, 2021.
Incorporated in 2008, as an umbrella organization, for functioning in retail payments and settlement systems in India. It has an array of retail payment products under it such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC Fastag), besides Bharat BillPay.