NPCI Bharat Bill Pay proposes new infra to fix MSME's collection problems
<a href="https://timesofindia.indiatimes.com/india/npci-bharat-bill-pay-proposes-new-infra-to-fix-msmes-collection-problems/articleshow/134060058.cms"><img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/134060058.cms" /></a>The National Payments Corporation of India (NPCI) Bharat BillPay has introduced a pioneering digital platform that links invoices directly to payments. This innovative framework is designed to alleviate the credit bottlenecks that many MSMEs encounter. By digitizing the order-to-cash cycle with standardized APIs and automating reconciliation, the system transforms buyer-confirmed invoices into fundable records. This development aims to enhance MSME efficiency and promote growth within the formal sector.