Razorpay Partners with NBBL to Launch Banking Connect Mobile-First NetBanking Solution

Current Context: Razorpay has partnered with NPCI Bharat BillPay Limited to launch Banking Connect, a mobile-first NetBanking solution that simplifies digital payments for businesses and customers. 

Key Points

• Banking Connect enables merchants to access multiple participating banks through a single integration, eliminating separate bank-wise integrations.
• The platform aims to modernise NetBanking by providing faster, seamless, and interoperable payment experiences.
• The solution introduces mobile-first payment journeys through bank app intent and QR-based NetBanking payments, reducing redirects and repeated credential entry.
• It streamlines settlement, reconciliation, refunds, and bank connectivity through NBBL's unified infrastructure.
• The platform is designed for high-value transactions such as education fees, insurance premiums, investments, government payments, and business invoices.
• It aims to improve payment success rates, reduce operational complexity for merchants, and enhance customer experience with faster NetBanking payments.

Question: 

Q1.Razorpay partnered with NPCI Bharat BillPay Limited (NBBL) to launch which mobile-first NetBanking solution?
a) Bharat Connect
b) Banking Connect
c) Smart Banking Gateway
d) NetPay Connect

Answer: b) Banking Connect is the mobile-first NetBanking solution launched by Razorpay in partnership with NBBL.