致同：2025重构账单支付：全球洞察与创新实践报告（英文版）（48页）.pdf

1、Reimagining bill payments:Global insights and innovationsJuly 20252 2|Reimagining bill payments:Global insights and innovationsTable ofcontentForeword1.Global bill payment trends2.Common bill payment categories and layers3.Regulatory frameworks around the world4.Leading global technology service pro

2、viders(TSPs)5.From Bharat Connect to the world:A scalable framework for centralised bill paymentsAppendixAuthors3 3|Reimagining bill payments:Global insights and innovationsIn todays era of digital transformation,Bharat Connect(BBPS)sets a global benchmark for innovation in bill payment systems.By o

3、ffering seamless back-end connectivity,it enables banks,fintech companies,and third-party payment providers to unify access to billers and services under a single,interoperable platform.This infrastructure not only enhances operational efficiency but also simplifies the payment experience for millio

4、ns of users.Operated under NPCI Bharat BillPay Limited(NBBL),Bharat Connect guarantees a secure,government-backed ecosystem built for scalability and compliance.Its ability to handle nearly 8 million transactions daily demonstrates the platforms robustness in catering to the needs of Indias burgeoni

5、ng digital economy.For Payment Service Providers(PSPs),Bharat Connect reduces complexity and costs by consolidating operations into a unified system.A single integration point removes the need for multiple aggregator tie-ups,ensuring greater transparency and reliability underregulatory oversight.Bha

6、rat Connects impressive growth underscores its impact,with over 715 million transactions processed in FY25 Q3 alone,valued at INR 3.14 trillion.The platform has achieved a remarkable 217%year-on-year increase in transaction value between FY24 and FY25,cementing its role as a critical pillar of India