Axis Bank first to go live with a pioneering B2B Collections Solution for a Fortune 500 company on NBBL’s Bharat Connect
Mumbai, April 03, 2025. Axis Bank, one of the largest private sector Banks in India, today announced that it has partnered with a Fortune 500 company in India to provide B2B collections utilising NBBL’s Bharat Connect (Erstwhile BBPS). With this, Axis Bank becomes the first Bank to go live in implementing this pioneering solution, leveraging its best-in-class, robust API stack.The solution can integrate multiple ordering applications across sectors; FMCG, Pharma, Automotives, Healthcare facilitating collections for the company’s wholesale distributors, stockists. Retailers can initiate invoice payments directly from the application. As the Biller Operating Unit capable of offering this unique service, Axis Bank has developed this seamless, agile, scalable and customisable solution ...
