Enterprise Payment Infrastructure: Payout, BBPS, UPI & QR APIs

What is Enterprise Payment Infrastructure?

Enterprise payment infrastructure refers to the complete technology stack that enables a business to accept, process, and disburse payments at scale. For modern Indian enterprises, this infrastructure must handle four critical flows:

1. Pay-Out: Disbursing funds to vendors, employees, and partners.
2. Pay-In / Collection: Accepting payments from customers via UPI, QR, and other methods.
3. Bill Payments: Enabling customers to pay bills through BBPS.
4. Reconciliation: Automatically matching every transaction with your accounting system.

NxtBanking provides all four capabilities through a single, unified API platform — eliminating the need to integrate with multiple payment providers.

The Four Pillars of Payment Infrastructure

1. Payout API — Connected Banking

The Connected Banking Payout API enables real-time fund disbursement through direct bank connections. Key capabilities:

• IMPS, NEFT, RTGS, and UPI payouts through a single endpoint.
• AI-powered smart routing across 150+ banks.
• Virtual account payouts for vendor management.
• Bulk processing of 10,000+ payouts per batch.

2. UPI Collection API

The UPI Collection API supports all UPI payment flows:

• UPI Collect requests to customer VPAs.
• Static QR codes for offline retail.
• Dynamic QR codes for online checkout with auto-reconciliation.
• UPI Intent links for mobile app integration.
• Payment links for SMS/WhatsApp/email invoicing.

3. BBPS API — Bill Payments

The BBPS API connects your platform to India bill payment ecosystem:

• 200+ biller categories (electricity, telecom, insurance, loans).
• Fetch-and-pay workflow with real-time confirmation.
• Commission income on every transaction.
• NPCI-certified compliance.

4. Reconciliation & Reporting

• Real-time webhooks for every transaction (pay-in and pay-out).
• Automated ledger matching — zero manual reconciliation.
• Downloadable reports in CSV, Excel, and PDF.
• Dashboard with real-time analytics and trend visualization.

Why a Unified Platform Matters

Architecture for Enterprise

A typical enterprise payment setup with NxtBanking:

1. Frontend: Your website/app with payment UI components.
2. Backend: Your server calling NxtBanking APIs for payouts, collections, and bill payments.
3. NxtBanking API Layer: Handles routing, processing, and bank communication.
4. Banking Network: 150+ bank connections for payouts + NPCI for UPI/BBPS.
5. Webhook System: Real-time callbacks to your backend for every transaction.
6. Dashboard: Admin panel for monitoring, reports, and configuration.

Getting Started

1. Sign Up: Create your account on NxtBanking API Marketplace.
2. Choose APIs: Select the payment capabilities you need (Payout, Collection, BBPS).
3. Sandbox Testing: Test all flows in our sandbox environment with test data.
4. Go Live: Switch to production keys and start processing real transactions.
5. Scale: Process millions of transactions with 99.99% uptime and 24/7 support.

Frequently Asked Questions

Can I use only one API (e.g., just Payout) without the others?

Yes. NxtBanking APIs are modular. You can start with just Payout and add Collection or BBPS later as your needs grow.

What is the minimum transaction volume to get started?

There is no minimum volume requirement. NxtBanking serves startups processing 100 transactions per month to enterprises processing millions.

Is NxtBanking RBI-compliant?

Yes. NxtBanking operates under RBI guidelines and is NPCI-certified for BBPS and UPI transactions. All data is stored in India-based, PCI-DSS compliant data centers.

How does pricing work?

Pricing is per-transaction with volume-based discounts. No setup fees, no monthly minimums. Request a demo for custom enterprise pricing.

Build Your Payment Infrastructure →