NPCI Bharat BillPay Ltd (NBBL) has partnered with Juspay to introduce a new switch and Software Development Kit (SDK) for its Banking Connect platform.
The initiative is aimed at simplifying bank integrations while delivering a seamless and standardised net banking experience across the ecosystem.
Key Highlights of the Partnership
The newly launched solution provides a unified integration layer for banks and ecosystem partners. This means institutions no longer need to build multiple integrations separately, significantly reducing complexity and operational effort.
The system also enables:
- Centralised routing through a switch, ensuring smoother transaction flow
- Structured data delivery, improving risk assessment and fraud monitoring
- Faster onboarding, helping banks and partners go live quickly
- Standardised integration protocols, ensuring consistency across platforms
What is Banking Connect?
Banking Connect is an initiative by NBBL to:
- Enhance the net banking experience for users
- Provide a unified platform for banks and service providers
- Enable faster and simpler integrations across the ecosystem
Key Features of the New Solution
The newly launched Switch + SDK framework offers several important benefits:
- Single Integration Layer
Banks and partners can integrate once and connect to multiple services - Centralised Switch Routing
Transactions are routed through a central system, ensuring consistency - Structured Data Delivery
Supports risk management and fraud monitoring systems - Faster Onboarding
Reduces integration time and simplifies technical processes - Standardisation
Promotes uniform protocols across the banking ecosystem
Why This Matters
This partnership is a step forward in India’s ongoing push toward digitisation of financial services. By simplifying integrations and improving backend infrastructure, the initiative is expected to:
- Accelerate innovation in banking services
- Improve customer experience in net banking
- Strengthen fraud detection and risk management systems
About NBBL
- NBBL (NPCI Bharat BillPay Limited) is a wholly owned subsidiary of the National Payments Corporation of India (NPCI).
- Full Name: NPCI Bharat BillPay Limited (NBBL).
- Established: 2020 as a separate entity under NPCI.
- Headquarters: Mumbai, Maharashtra, India.
- Regulator: Reserve Bank of India (RBI).
- Core Role: Central Unit (BBPCU) for Bharat Bill Payment System (BBPS).
About Juspay
- Juspay is a Bangalore-based fintech company founded in 2012.
- Founded: 2012 in Bangalore, India.
- Headquarters: Bangalore, with global offices in Dublin, Singapore, Dubai, San Francisco, and São Paulo.