VIYONA Fintech: Bharat Connect COU Approval Explained
Why in the news
A Hyderabad fintech startup, VIYONA, was cleared to work as a Customer Operating Unit (COU) on Bharat Connect, the platform earlier known as BBPS.
Key facts
- Approval: Customer Operating Unit status on Bharat Connect, which used to be BBPS.
- Capability: interoperable payments for utilities, broadband, insurance, EMIs, education fees and more.
- Integration: banks, NBFCs, fintech firms and government bodies can plug into Bharat Connect through VIYONA’s platform.
- Existing NPCI certifications: UPI Switch, IMPS, BOU, eKYC Setu.
- Base: Hyderabad.
| Payment category | Included |
|---|---|
| Utilities | Electricity, water, gas |
| Telecom/internet | Broadband |
| Finance | Insurance, EMIs |
| Education | Fees |
Exam angle
- Bharat Connect was formerly called BBPS.
- COU = Customer Operating Unit.
- Remember the NPCI list held by VIYONA: UPI Switch, IMPS, BOU, eKYC Setu.