News and MediaTransaction Banking ReportBlogs
About Us
Txb HubTrustHubAPI Hub
Success Stories
Contact Us
Login

BharatNXT's Success Story

Powering BharatNXT’s exponential growth with secure, automated payment infrastructure.

TransBnk CIB

BharatNXT is a top fintech platform for digital payments and services in India. With a growing merchant base and diverse offerings like payment aggregation and lending, it creates a seamless financial ecosystem for businesses. The platform connects traditional banking with digital solutions, helping enterprises enhance their financial operations.

The Challenge

Manual and Time-Intensive Financial Operations

Manual and Time-Intensive Financial Operations

Fragmented Systems Leading to Operational Inefficiencies

Fragmented Systems Leading to Operational Inefficiencies

Limited Real-time Visibility and Control Over Transactions

Limited Real-time Visibility and Control Over Transactions

Complex Approval Workflows Causing Processing Delays

Complex Approval Workflows Causing Processing Delays

Key Features of TransBnk's Solution

Account Master Dashboard

Centralized bank account management and automated balance fetching

Advanced Beneficiary Management

Bulk Excel uploads and auto-validation capabilities

Multi-Method Payment Processing

Supporting IMPS, NEFT, RTGS, and IFT with flexible approval workflows

Comprehensive Escrow Hub

Complete lifecycle management and real-time monitoring

PPI Escrow Compliance Framework

Built-in RBI guideline adherence and UPI/RuPay settlement support

Multi-Bank Fund Allocation System

Enabling seamless transactions across banking partners

Results Achieved

Operational Efficiency & Processing Speed

  • Reduced daily processing time from 8-10 hours to 30 minutes through automated workflows
  • User onboarding accelerated 4x faster with streamlined validation processes
  • Complete elimination of manual reconciliation errors through automated systems
  • Processing cycle time improved significantly with optimized approval workflows
TransBnk CIB
TransBnk CIB

System Integration & Compliance

  • Achieved complete audit trail coverage across all transactions and processes
  • Zero compliance violations maintained since implementation with built-in regulatory adherence
  • Automated reporting reduced preparation time from days to hours
  • Near-perfect system uptime ensured uninterrupted operations across all functions

Business Growth & Financial Impact

  • Daily transaction volume capacity tripled through scalable infrastructure
  • Customer satisfaction scores showed substantial improvement with enhanced visibility and control
  • Operational costs reduced by one-fourth through comprehensive automation
  • Strong ROI achieved within months of full platform implementation
TransBnk CIB
TransBnk CIB

System Performance & Connectivity

  • Integrated multiple systems into centralized dashboard with automated management
  • Same-day processing capability implemented across all transaction types
  • Real-time operations achieved across all integrated platforms
  • Seamless API connectivity maintained with zero integration downtime