A Simpler Way to Pay Through Netbanking
Everyday payments have become incredibly simple. Scan a QR code, approve the payment, and its done.
But when it comes to high-value investments, that same simplicity hasn’t always extended to netbanking. Investors still turn to netbanking because it’s familiar, trusted, and tied directly to their bank account.
At GFF 2026, we’re changing that with Third Party Validation on Banking Connect – bringing QR and Intent-based payments to netbanking for investment platforms.
Netbanking has always been the slow part
Think about what the netbanking journey actually looks like.
You’re redirected away from the platform you’re investing on and into your bank’s website or app. Then comes the login. And if you’ve forgotten your netbanking credentials, the journey gets even longer.
By the time you’ve remembered your password, logged in, and initiated the payment, there’s always a chance the session has timed out. Thereby, forcing you to start the process all over again.
For an investment payment, that’s a particularly bad place to lose a customer. They’ve already made the decision to invest. The amount is significant. Yet the final step of the journey is often the most cumbersome and unreliable.
That’s the gap TPV on Banking Connect closes.
Investing via QR/Intent
Third Party Validation (TPV) on Banking Connect enables investment, mutual fund, and equity platforms to offer QR and Intent-based payments through netbanking.
The journey is simple:
Scan. Authenticate. Authorize.
Instead of being redirected through a traditional netbanking flow, the customer selects Netbanking and gets a QR code. They scan it using their bank app, authenticate, and authorize the payment.
On mobile, the experience is even simpler. The same journey works through Intent, taking the customer directly to their bank app with a single tap.
No passwords to remember. No clunky redirects. No unnecessary steps.
Just a simpler, more familiar way to make high-value payments through netbanking.
There’s a practical reason why this was needed.
UPI comes with per-transaction limits, while investment payments are often larger than the UPI limit.
Netbanking has always been built to handle these higher-value transactions. What it lacked was a payment experience that felt simple while paying a large sum.
For merchants, this means fewer drop-offs at checkout, fewer failures caused by forgotten credentials, and account validation built directly into the payment flow.
Netbanking already has the trust and the reach. Now, the experience is catching up.
TPV use-cases
Any journey where money has to come from the investor’s own account can use it.
Broking and trading. Adding funds to a trading account, where ticket sizes are large.
Mutual funds. Lumpsum purchases and additional purchases from the registered bank account.
Bonds and fixed income. Larger, one time investments where the payment method is chosen for reliability more than convenience.
Wealth and alternate investment platforms. Onboarding payments and top ups that need to be traced back to the investor’s own account.
Partnering with Grip Invest, on HDFC and SBI
Cashfree has partnered with Grip Invest.
The flow runs on HDFC Bank and State Bank of India, with more banks in the pipeline.
If you are looking to enable QR and Intent based Netbanking for investment journeys, talk to our team.
