PayMate Partners with NBBL to Launch BBPS-B2B Platform to Transform Payments & Financing for Businesses in Digital India

Mumbai (Maharashtra) [India], PayMate, India’s leading digital B2B payments company, has announced its partnership with NPCI Bharat BillPay Ltd. (NBBL) to launch the innovative PayMate BBPS-B2B platform. The BBPS-B2B platform seeks to enable large-scale standardization and digitization of commercial processes related to invoicing, payments, and collections across the nation while fostering an interoperable ecosystem between buyers and suppliers. The partnership aims to cater to 634 lakh MSMEs(1) and 16.6 lakh(2) corporates across the country.