#NetBanking2_0 #NPCIBBPL #BankingConnect #DigitalPayments #AIPayments #QRPayment #FinancialInclusion

NPCI Bharat BillPay Launches ‘NetBanking 2.0’ to Simplify Online Payments with QR Codes and AI Security

NPCI Bharat BillPay Launches ‘NetBanking 2.0’ to Simplify Online Payments with QR Codes and AI Security

#NetBanking2_0 #NPCIBBPL #BankingConnect #DigitalPayments #AIPayments #QRPayment #FinancialInclusion New Delhi: – NPCI Bharat BillPay (NBBL) has officially launched its advanced payment settlement system, NetBanking 2.0, aiming to make online transactions significantly easier and more secure. The new system, branded as 'Banking Connect,' introduces a mobile-first approach and utilizes AI and ML technology to strengthen fraud detection. The 'Banking Connect' system is designed to streamline net banking payments by directing customers straight to their banking app to complete a transaction, eliminating the traditional process of filling out IDs and passwords on a webpage. This mobile-first design addresses a major pain point where users…
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