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What is the story about?
NPCI Bharat BillPay (NBBL) is seeing growing adoption of its digital B2B platform, Bharat Connect for Business, as micro, small, and medium enterprises (MSMEs) turn to technology to streamline operations and improve financial efficiency.
In an interaction with CNBC TV-18, Noopur Chaturvedi, MD & CEO of NBBL, explained that the platform is designed to simplify business-to-business transactions while integrating with banks and enterprise resource planning (ERP) systems.
“Bharat Connect for Business is an extension of India’s digital public infrastructure (DPI) principles. It is designed to simplify business-to-business interactions and strengthen financial efficiency across various enterprises, particularly MSMEs,” she said.
The platform enables buyers and suppliers to present, collect, and reconcile payments digitally, providing real-time visibility on transactions.
It also supports invoice-backed lending by integrating invoice processing with financing, which helps build trust in digital payments and strengthens MSMEs’ financial operations.
Chaturvedi noted that MSMEs, despite being a major contributor to India’s GDP, exports, and employment, face challenges such as delayed receivables, fragmented reconciliation processes, and limited data visibility.
Bharat Connect for Business addresses these issues by allowing interoperability across different systems, helping smaller businesses streamline operations and focus on growth.
The uptake of the platform is evident in recent figures: over one million invoice-based transactions were processed in Q1FY26.
“This demonstrates the growing need for interoperable B2B solutions,” Chaturvedi said.
She added that enterprises, MSMEs, fintech partners, and ERP systems are increasingly adopting the platform as a backbone for secure, compliant, and automated B2B payments.
To further support MSMEs nationwide, NBBL has partnered with the Institute of Chartered Accountants of India (ICAI) to raise awareness about the platform and its benefits. Integration with business management software such as Zoho and Tally Prime also allows businesses to efficiently manage accounting, inventory, taxation, and cash flow.
Looking ahead, NBBL envisions Bharat Connect for Business as “a unified business rail that connects enterprises, service providers, and other digital public infrastructures through a trusted digital framework.”
The platform aims to reduce operational friction, improve liquidity, and standardise data flows, supporting the growth of MSMEs and contributing to India’s digital economy.
In an interaction with CNBC TV-18, Noopur Chaturvedi, MD & CEO of NBBL, explained that the platform is designed to simplify business-to-business transactions while integrating with banks and enterprise resource planning (ERP) systems.
“Bharat Connect for Business is an extension of India’s digital public infrastructure (DPI) principles. It is designed to simplify business-to-business interactions and strengthen financial efficiency across various enterprises, particularly MSMEs,” she said.
The platform enables buyers and suppliers to present, collect, and reconcile payments digitally, providing real-time visibility on transactions.
It also supports invoice-backed lending by integrating invoice processing with financing, which helps build trust in digital payments and strengthens MSMEs’ financial operations.
Chaturvedi noted that MSMEs, despite being a major contributor to India’s GDP, exports, and employment, face challenges such as delayed receivables, fragmented reconciliation processes, and limited data visibility.
Bharat Connect for Business addresses these issues by allowing interoperability across different systems, helping smaller businesses streamline operations and focus on growth.
The uptake of the platform is evident in recent figures: over one million invoice-based transactions were processed in Q1FY26.
“This demonstrates the growing need for interoperable B2B solutions,” Chaturvedi said.
She added that enterprises, MSMEs, fintech partners, and ERP systems are increasingly adopting the platform as a backbone for secure, compliant, and automated B2B payments.
To further support MSMEs nationwide, NBBL has partnered with the Institute of Chartered Accountants of India (ICAI) to raise awareness about the platform and its benefits. Integration with business management software such as Zoho and Tally Prime also allows businesses to efficiently manage accounting, inventory, taxation, and cash flow.
Looking ahead, NBBL envisions Bharat Connect for Business as “a unified business rail that connects enterprises, service providers, and other digital public infrastructures through a trusted digital framework.”
The platform aims to reduce operational friction, improve liquidity, and standardise data flows, supporting the growth of MSMEs and contributing to India’s digital economy.
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