A Unified, Interoperable Internet Banking Payment Framework

IBMB (Internet Banking Merchant Base), also referred to as Banking Connect, is an NPCI-led interoperable payment framework designed to modernize Internet Banking–based merchant payments.

Viyona Fintech enables banks and payment aggregators to adopt IBMB through a single, standardized integration model, eliminating fragmented one-to-one connections.

This simplifies merchant onboarding, improves customer experience, accelerates settlements, and standardizes dispute management across the ecosystem.
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Key Features

  • Single Integration Model

    One-time integration for each Bank and Payment Aggregator to participate in the IBMB ecosystem.

  • Interoperability by Design

    Enables seamless participation of multiple banks and PAs under a common NBBL platform, replacing multiple one-to-one integrations.

  • Simplified Customer Journeys

    Eliminates complex customer IDs and passwords; supports mobile banking–based authorization.

  • Same-Day / Faster Settlements

    Supports faster settlement cycles (same day vs T+1 / T+3), reducing settlement risk.

  • Standardized Error Codes

    Uniform error codes across the ecosystem for better transparency and faster resolution.

  • API-Based Merchant Onboarding

    Merchant onboarding timelines reduced from ~30 days to less than 72 hours.

  • Enhanced Security & Compliance

    NPCI-governed framework with standardized security, audit, and compliance controls.

How IBMB Works

  • Enable IBMB Integration

    Banks and Payment Aggregators integrate once with the NBBL IBMB platform.

  • Simplified Merchant Onboarding

    Merchants are onboarded through standardized APIs instead of separate bank-wise processes.

  • New Customer Payment Journeys

    Customers complete Internet Banking payments directly through their mobile banking apps, including: App redirection, QR intent-based flows, Biometric authentication (where supported)

  • Interoperable Transaction Routing

    Transactions are routed across participating banks and PAs using common standards.

  • Settlement & Dispute Management

    Faster settlements and streamlined dispute handling through standardized processes.

Usecases 

For Customers
  • Frictionless Internet & Mobile Banking payments
  • No need to remember usernames or passwords
  • Biometric-based authorization (for supported banks)
  • Higher transaction success rates, lower drop-offs
For Banks
  • Drive mobile and internet banking app adoption
  • Faster interchange fee settlements (vs monthly cycles)
  • Act as acquirer to enable payments through other banks
  • Opportunity to sponsor Payment Aggregators under IBMB
  • Support high-value retail and corporate P2M payments
For Payment Aggregators (PAs) & Merchants
  • Interoperability across multiple banks with one integration
  • Faster merchant enablement (<72 hours)
  • Same-day / faster settlements
  • Standardized error codes across the ecosystem
  • Streamlined dispute and reconciliation processes

Why Choose Viyona Fintech for IBMB? 

  • NPCI-Certified Technology Service Provider (TSP)

    Proven experience in enabling IBMB onboarding, integration, certification, and go-live.

  • End-to-End IBMB Enablement

    From onboarding and technical integration to certification, UAT, and production rollout.

  • Deep Banking & PA Ecosystem Expertise

    Strong understanding of bank systems, PA workflows, settlements, and reconciliation.

  • Accelerated Time-to-Go-Live

    Reusable frameworks aligned to NBBL specifications reduce implementation timelines.

  • Secure & Audit-Ready Architecture

    Designed with compliance, security controls, and audit readiness as per NPCI standards.

  • Future-Ready Roadmap Alignment

    Support for upcoming IBMB features such as split payments, mandates, credit on net banking, lien marking, ODR APIs, and AI-driven reconciliation.

Enable IBMB / Banking Connect with Viyona Fintech 

Looking to simplify Internet Banking payments and eliminate fragmented integrations?
Share your details and our team will guide you through IBMB onboarding and integration.

    OUR EXPERT'S ANSWER

    Commonly Asked Questions 

    What is IBMB / Banking Connect?
    IBMB is an NPCI–NBBL led interoperable framework for Internet and Mobile Banking–based merchant payments.
    Why was IBMB introduced?
    To address lack of interoperability, poor customer journeys, delayed settlements, and inconsistent dispute handling in existing net banking flows.
    Who can participate in IBMB?
    Banks and NPCI-approved Payment Aggregators.
    What does interoperability mean in IBMB?
    Interoperability allows banks and PAs to transact seamlessly using a common framework without multiple bilateral integrations.
    How does IBMB improve settlements?
    IBMB enables same-day or faster settlements, reducing settlement risk.
    What new customer journeys does IBMB support?
    Mobile banking app–based payments, QR intent flows, and biometric authorization (where supported).
    What is Viyona Fintech’s role in IBMB?
    Viyona Fintech acts as a Technology Service Provider (TSP), enabling banks and PAs to adopt IBMB efficiently.
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