Designed for mobile phones, it has no transaction limits and supports unlimited transfers for various usage scenarios
NBBL said the new net banking switch, Banking Connect, is expected to refine the net banking experience and help regulators better understand various online transactions and customer support standards.
Bharat Connect was formally launched by RBI Governor Sanjay Malhotra at the Global Fintech Festival earlier this year. It streamlines integration for banks and payment aggregators, simplifying the payment process. It enables a consistent user interface between service providers for convenience and familiarity.
No cap
Designed for mobile phones, it has no transaction limits and supports unlimited transfers for various usage scenarios. It has advanced security measures including transaction monitoring and dispute management. It requires minimal code changes for merchants and uses standardized APIs to reduce delays or drop-offs caused by redirect or timeout errors common in existing online banking flows.
Banking Connect is already live with banks like HDFC Bank, ICICI Bank, SBI, YES Bank, AU Small Finance Bank and Federal Bank and payment aggregators including Infibeam, PayU, Pinelabs, Cashfree, Razorpay, HDFC Bank Smart Gateway, Zoho, Easebuzz, Juspay, OPEN and SBI ePay. Kotak Mahindra Bank and Axis Bank are likely to go live on the switch soon, Chaturvedi said.
Published on November 27, 2025
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