Net Banking 2.0 may be launched next month:
HDFC Bank, Axis Bank, State Bank of India (SBI), and AU Small Finance Bank — along with several online payment aggregators are expected to go live next month on a new system for interoperable netbanking transactions. The platform is being developed and piloted by NPCI Bharat BillPay (NBBL).
In 2024, the RBI had approved the implementation of interoperability for netbanking transactions aimed at addressing delays in the actual receipt of payments by merchants.
More info -
While the date for the launch of the first phase of the project has not...
HDFC Bank, Axis Bank, State Bank of India (SBI), and AU Small Finance Bank — along with several online payment aggregators are expected to go live next month on a new system for interoperable netbanking transactions. The platform is being developed and piloted by NPCI Bharat BillPay (NBBL).
In 2024, the RBI had approved the implementation of interoperability for netbanking transactions aimed at addressing delays in the actual receipt of payments by merchants.
More info -
Interoperability in net banking payments soon:
The National Payments Corporation of India (NPCI) is in the process of integration with five to six banks for the launch of interoperability in net banking and mobile banking-based payments in the first phase, people in the know told us.
The National Payments Corporation of India (NPCI) is in the process of integration with a group of five or six banks to go live with interoperability in netbanking and mobile banking payments, three people in the know said.While the date for the launch of the first phase of the project has not...
- Abhishek012
- banking upi
- Replies: 2
- Forum: Finance World News