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MSMEs Get Boost: BharatNXT Integrates with Bharat Connect
7 Oct
Summary
- BharatNXT now enables invoice sending, receiving, and payment on Bharat Connect.
- The integration, announced at Global Fintech Fest 2026, enhances MSME finance.
- Partnership aims to broaden access to credit and streamline collections for businesses.
BharatNXT, a prominent B2B payments platform for Indian businesses, has officially joined the Bharat Connect for Business network, an initiative by NPCI Bharat BillPay Ltd. Announced at the Global Fintech Fest 2026 in Mumbai, this integration aims to transform how MSMEs manage invoices and payments.
Through this collaboration, businesses using BharatNXT can now engage in seamless invoice transactions directly on the Bharat Connect network. This expansion goes beyond basic payments, offering enhanced workflows for receivables and collections. It seeks to create a more connected financial experience for MSMEs, enabling them to transact efficiently with a wider range of suppliers.
This strategic move positions BharatNXT as a comprehensive financial operating system for MSMEs, facilitating access to credit through financeable invoice records and diverse lending options. Furthermore, BharatNXT is introducing 'Seller Hub' to improve collection processes, offering features like automated reminders and invoice discounting.
PayU is serving as the regulated payments partner for BharatNXT on this network. The integration is designed to simplify B2B transactions by establishing verified identities, digital invoicing, instant payments, and automatic reconciliation, ultimately benefiting both buyers and sellers.
