NPCI Bharat BillPay’s (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.
Strategy to Reach Half of India’s Households
“We want to reach half of the households in the country and process roughly around 3 bills per household, which will take us to the 1-billion monthly target in the next three-four years,” said Chaturvedi. She said it crossed 260 million transactions in the last month, marking a 10x growth over the last few years, covering 70-80 million households.
Interoperable Platform Driving Adoption
NBBL has taken a significant step forward in digital payments with the launch of Banking Connect. This new interoperable platform aims to transform the internet and mobile banking experience of online merchant payments. Banking Connect was launched during the Global Fintech Festival 2025.
Banking Connect is already live with HDFC Bank, ICICI Bank, SBI, Yes Bank, AU Small Finance Bank and Federal Bank and payment aggregators including PayU, Pinelabs, HDFC Bank Smart Gateway, Zoho, Juspay, and SBI ePay, among others.
Chaturvedi said Axis Bank and Kotak Mahindra Bank are already in the pipeline and will go live soon.