B2B Payment Network Likely to be Launched by March

According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025.

The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers to third-party application providers (TPAPs).

TPAPs enable users to make transactions on India's real-time payments system, the Unified Payments Interface (UPI).