TNN; Sep · Technology · 2026-09-11
NPCI Bharat BillPay has proposed a centralised digital infrastructure to
NPCI Bharat BillPay has proposed a centralised digital infrastructure to connect invoices, payments, reconciliation and financing. The system could help address the MSME sector's Rs 60 lakh crore formal credit gap. The proposed infrastructure would digitise the order-to-cash cycle through standardised APIs and automate reconciliation across more than 20 crore monthly GST e-invoices.
Why it matters. Why it matters: NPCI Bharat BillPay has proposed a centralised digital infrastructure to connect invoices, payments, reconciliation and financing.
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