Which company developed the Bharat Bill Payment system?

Repayment of loans and credit card debt are two growing uses of Bharat Bill Payments, the platform developed by the National Payments Corporation of India to digitise the nation's sizable utility bill payments market. Similar to how monthly utility bills are generated for customers, EMIs (equated monthly instalments) are generated for borrowers on a designated date each month. The consumer can pay the outstanding balance using any method, and this is where the BBPS platform is quickly becoming a well-liked resource.