Mumbai: NPCI Bharat BillPay Limited (NBBL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has announced that Axis Bank is now live on the Banking Connect platform.
With this integration, Banking Connect will enable the bank’s 37 million customers to experience a faster checkout process and a more intuitive net-banking journey across more than 4,800 merchants in India.
The onboarding of Axis Bank further strengthens Banking Connect, which is steadily emerging as a unified, interoperable net-banking infrastructure.
The platform now serves customers of eight major banks, including SBI, ICICI Bank, and HDFC Bank, while also integrating with eleven payment aggregators (PAs).
This expanding footprint of Banking Connect reflects increasing industry adoption and highlights its growing relevance in streamlining digital payment experiences.
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Banking Connect Designed to Simplify Onboarding for Ecosystem Participants by Reducing Integration Timelines and Offering Standardized APIs and Toolkits
This enables payment aggregators to activate merchants quickly, minimizing reliance on individual bank integrations and legacy bilateral arrangements. As a result, Banking Connect ensures faster, more consistent, and seamless payment journeys for customers.
Merchants leveraging Banking Connect benefit from a standardized net-banking experience, improved payment reliability, and enhanced customer satisfaction at checkout.
The platform’s interoperable digital rails are helping build a cohesive ecosystem that enhances operational efficiency while delivering superior user experiences.
Noopur Chaturvedi, MD & CEO, NBBL, said, “Banking Connect is steadily transforming the way net banking payments are enabled across the ecosystem. The platform’s growing adoption reflects the trust and confidence our partners & customers place in NBBL’s infrastructure.
Our focus remains on building future ready digital rails that enhance payment experiences for consumers and strengthen operational efficiency for businesses. The addition of Axis Bank is an encouraging step forward as we continue to support India’s digital payment vision with a scalable, modern, and inclusive framework.”
Arnika Dixit, President & Head – Cards, Payments and Wealth Management, said, “Our integration with the Banking Connect platform marks an important step in simplifying and standardising net-banking payments for our customers. By leveraging Banking Connect as a single interoperable switch, we can streamline integrations, improve operational efficiency, and deliver a more seamless checkout experience.
As digital payments continue to evolve, we remain focused on adopting modern, scalable infrastructure that enhances convenience for Axis customers and strengthens India’s growing digital payments ecosystem.”
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Aligned with the RBI’s Payment Vision 2028, Banking Connect supports India’s transition toward secure and interoperable digital payment rails.
The platform incorporates bank-grade authentication and centralized risk monitoring, ensuring a trusted and secure payment experience for both merchants and consumers.
Looking ahead, Banking Connect is set to introduce advanced features such as Direct-to-Merchant Settlements, Third-Party Verification (TPV), and mandate and lien capabilities.
These enhancements will expand the platform’s utility for businesses with complex or high-volume payment requirements.
With continued innovation, the platform is evolving as a future-ready net-banking infrastructure supporting India’s rapidly growing digital economy.
