This is to Enable Interoperable Internet and Mobile Banking
FinTech BizNews Service
Mumbai, 15 October 2025 – NPST, a leading digital banking and payments technology company and a proud member of the NPCI Partner Program, today announced the launch of Banking Connect, an interoperable internet and mobile banking platform developed by NPCI Bharat BillPay Limited (NBBL). With Banking Connect, banks can now bypass these legacy constraints through a single NBBL-certified integration, enabling seamless connectivity across internet and mobile banking channels.
Banking Connect marks a significant milestone in India’s journey toward a unified digital banking framework while, traditional internet banking systems rely on bilateral integrations with multiple payment gateways, often leading to high costs, operational inefficiencies, and limited scalability.
The platform empowers banks to expand reach, streamline merchant onboarding, and offer secure, omni-channel experiences. Its microservices-based architecture supports real-time analytics, policy-driven fraud controls, and standardised settlements, allowing banks to reduce integration overheads while improving operational reliability.
“Banking Connect brings NBBL’s cutting-edge innovation to the forefront of India’s digital payments ecosystem,” said Deepak Chand Thakur, Chairman and Managing Director at NPST. “By enabling banks to connect once and serve multiple payment aggregators and Merchants, we are reducing operational complexity, enhancing transaction security, and empowering banks to deliver a seamless digital banking experience. This platform ensures users and businesses can transact with confidence while participating in India’s rapidly evolving interoperable payments landscape”.
