NPST taps NBBL to launch a mobile banking platform

By Vriti Gothi

NPST has launched Banking Connect an interoperable internet and mobile banking platform developed by NPCI Bharat BillPay Limited (NBBL). The initiative represents a major step forward in India’s digital banking evolution, reinforcing NPST’s commitment to advancing innovation, efficiency, and customer-centricity in the country’s financial ecosystem.

Banking Connect enables banks to overcome the limitations of legacy systems through a single, NBBL-certified integration that facilitates seamless connectivity across internet and mobile banking channels. Traditionally, banks have relied on multiple bilateral integrations with various payment gateways, leading to operational complexities, higher costs, and restricted scalability. With this new interoperable framework, NPST and NBBL are simplifying the digital infrastructure, enabling banks to focus on delivering superior user experiences and secure digital services.

The platform’s advanced, microservices-based architecture delivers real-time analytics, policy-driven fraud management, and standardised settlement mechanisms. These capabilities allow banks to reduce integration overheads, enhance operational reliability, and expand their service reach. By streamlining merchant onboarding and enabling omni-channel access, Banking Connect positions banks to meet the evolving needs of consumers and businesses in an increasingly digital-first economy.

“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.”

Through Banking Connect, NPST continues to play a pivotal role in shaping the future of digital financial infrastructure in India — fostering interoperability, innovation, and inclusivity across the nation’s banking ecosystem.