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TBX Launches B2B Bill Payments on Bharat Connect

26 September 20261 min read
BANKING & FINANCETBX Launches B2BBill Payments onBharat Connect26 September 2026safalsetu.com

Why in the news

A fintech has enabled businesses to settle supplier invoices through the Bharat Connect network from a single interoperable platform.

Key facts

  • Company: TBX (earlier TransBnk).
  • Platform: TrustHub.
  • Rail: Bharat Connect for Business.
  • Sponsor Operating Unit: IDFC FIRST Bank.

What businesses can do

  • Discover invoices.
  • Pay them.
  • Track transactions on an interoperable platform.

Sectors

Useful for manufacturing, retail, FMCG, pharmaceuticals, automotive and education.

Exam angle

  • Former name of TBX: TransBnk.
  • Platform: TrustHub.
  • Sponsor Operating Unit: IDFC FIRST Bank.
  • Network: Bharat Connect for Business.

Test yourself

1. Which bank is the Sponsor Operating Unit for TBX's B2B bill payments?

IDFC FIRST Bank acts as the Sponsor Operating Unit.

2. TBX, which launched B2B bill payments, was earlier known by what name?

TBX was formerly TransBnk.

3. On which TBX platform are the B2B bill payments offered?

They run on the TrustHub platform.

This topic is part of Daily Current Affairs 25 & 26 September 2026 (28 topics).

All topics of the dayDay quizSeptember 2026

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