Easebuzz unveiled Banking Connect IBMB (Interoperable Net & Mobile Banking) at the Global Fintech Festival (GFF) 2025 held in Mumbai. The platform, created in partnership with NPCI Bharat BillPay Limited (NBBL), was launched in front of the esteemed RBI Governor, Shri Sanjay Malhotra.

The Banking Connect IBMB platform signifies a significant advancement in India's digital banking infrastructure, seeking to evolve conventional net banking into a cohesive, interoperable, and mobile-centered ecosystem.

By facilitating immediate fund transfers, inter-bank compatibility, and real-time account balancing, IBMB aims to provide a smooth and safe banking experience for both consumers and businesses.

Amit Kumar, CTO & Director, Easebuzz says, “Banking Connect IBMB launch marks a pivotal moment in India’s digital banking journey. This interoperable platform empowers banks and businesses alike to deliver seamless, secure, and scalable net banking experiences, driving financial inclusion and transforming the payments ecosystem. With strong collaboration from NPCI and banking partners, we are excited to broaden access and accelerate digital inclusion aligned to Viksit Bharat vision.”

This interoperable platform is a recent addition to the digital public infrastructure roster. Banking Connect IBMB standardizes merchant onboarding and integration while enhancing transaction reliability through features like a single setup, support for mobile and web payment processes, quicker settlements, and centralized management of disputes.

The platform fosters financial inclusion and enhances digital accessibility by establishing an equitable environment for regional and smaller banks. Banking Connect will facilitate a UPI-like experience and standardization for Net Banking methods encompassing NEFT, RTGS, IMPS, in addition to intent, QR, and redirection processes.

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During GFF 2025, the demonstration of the launch featured a live insurance payment transaction via Banking Connect, collaboratively presented by NPCI, ICICI Prudential, and Easebuzz.

In addition, Easebuzz launched two sector-specific digital solutions — FeesPortal, a complete solution for recurring and subscription payments, has been evolved into a biller aggregator with extensive integration with the NBBL BBPS platform.

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The platform keeps optimizing fee payments for educational institutions for Symbiosis University and HOM360, an all-in-one digital solution for housing society management.

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The announcements highlight Easebuzz’s larger goal of creating interoperable, accessible, and secure digital infrastructure throughout India’s fintech sector.