Latest News | CRED Gets Certification for COU on Bharat Bill Payment System

New Delhi, Aug 23 (PTI) Fintech platform CRED on Friday said it is now a certified customer operating unit on Bharat Bill Payment System, enabling faster settlements for credit card bill payments.

With this, CRED members will have an access to all billers onboarded on Bharat Bill Payment System (BBPS), while CRED will be able to forge more partnerships with large billers and banks to come on board BBPS, according to a company statement.

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"With the COU (Customer Operating Unit) certification, we can settle payments on time, every time, and guarantee its settlement. Digital Public Infrastructure -- such as UPI, account aggregator, and BBPS -- has been a platform for fintech innovation," CRED founder Kunal Shah said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)