NPCI’s new net banking app to process 1 b monthly transactions

MUMBAI: Net banking is set to big change in a big way with the NPCI Bharat BillPay, an arm of the National Payment Corporation, introducing of a new system designed to make online payments simpler and safer for users.

NPCI Bharat BillPay is targeting 1 billion monthly transactions over the next two-three years, up from 260 million transactions now, and also to reach half of the country’s households.

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