Bengaluru, July 6, 2026 (BFN Bureau): Cashfree Payments has announced that it has received dual certification as both a Biller Operating Unit (BOU) and Customer Operating Unit (COU) on Bharat Connect, India’s unified bill payments infrastructure operated by NPCI Bharat BillPay Limited (NBBL).
According to a press release issued by company with this certification, Cashfree is now among select non-bank entities in India capable of powering both sides of a Bharat Connect (BBPS) transaction within a single, regulated stack. As a certified BOU, Cashfree can enable billers across various sectors to collect recurring payments, EMIs, and bill payments through over 700 digital channels and more than five lakh offline touchpoints, including gram panchayats and rural institutions. As a COU, Cashfree can support fintech apps, neobanks, lending platforms, and super-apps in offering bill payment services to their users.
Details of the Certification
Bharat Connect connects over 22,000 billers across 25+ payment categories, including utility bills, EMIs, and municipal taxes. According to the RBI’s recent Payments System Report, transaction value on BBPS has grown 16 times in the last four years, reaching Rs. 14.8 lakh crore as of 2025.
Akash Sinha, CEO & Co-founder of Cashfree Payments, stated, “Bharat Connect has been instrumental in making the promise of Digital India a reality for millions of Indian consumers and businesses. Our dual certification as both a BOU and COU on Bharat Connect is a direct reflection of our commitment to building payments infrastructure that is powerful and deeply embedded in India’s financial ecosystem.”
Key Takeaways
- Cashfree Payments has secured dual certification as a BOU and COU on Bharat Connect.
- The certifications allow Cashfree to facilitate both sides of BBPS transactions.
- Cashfree can now support a wide range of billers and customer-facing platforms.
- Bharat Connect connects over 22,000 billers across multiple payment categories.
