Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 2)
2.
Which fintech company partnered with NPCI Bharat BillPay Ltd (NBBL) to launch the Banking Connect SDK platform?
Answer: Option
Explanation:
Juspay partnered with NPCI Bharat BillPay Ltd (NBBL) to launch a new switch and Software Development Kit (SDK) for the Banking Connect platform. The collaboration aims to simplify integration for banks and financial institutions operating within the ETBFSI ecosystem. The platform provides a single integration layer that enables direct transaction routing to a central switch while enhancing security and fraud monitoring systems. It also standardises net banking integration protocols and reduces onboarding time for participating entities. Juspay, founded in 2012 and headquartered in Bengaluru, is a leading Indian fintech company specialising in digital payment processing infrastructure and financial technology solutions.
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