March 29, 2026

BillPay

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Banking Connect: NPCI Bharat BillPay launches new system for online payments | India Business News

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Banking Connect- the newly launched net-banking platform built by NPCI Bharat BillPay (NBBL) – will enable the Reserve Bank of India (RBI) to monitor fund transfers in shorter-lag, a senior official said on Thursday.NBBL is aiming for a fourfold jump in monthly bill-payment volumes to 1 billion transactions in four years, up from the current…

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NPCI’s BillPay arm to fix RBI’s netbanking data gap

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MUMBAI: An arm of the National Payments Corporation of India has launched a platform that promises the RBI far greater oversight of net banking transactions, including payments linked to crypto or gaming.NPCI Bharat BillPay Limited has rolled out Banking Connect, an interoperable system that allows any merchant integrated through a payment aggregator to receive payments…

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