Mumbai, Feb 27 – Banking and payment solutions provider NPST has joined forces with Hyperface to empower banks and credit issuers with embedded credit solutions via UPI. This collaboration aims to enhance digital credit offerings, providing seamless financing options at the point of sale.
As part of the partnership, NPST will integrate its UPI switch technology with Hyperface’s advanced Embedding Banking Platform, ensuring a streamlined and scalable credit infrastructure. Hyperface’s Credit Management Engine enables banks to swiftly deploy UPI-based credit products while dynamically adjusting them in real-time to meet evolving consumer demands.
With this initiative, banks and credit issuers can leverage their existing infrastructure and customer data to offer personalized UPI-linked credit products. Eligible consumers will benefit from pre-approved credit lines, allowing them to make purchases and convert payments into flexible installments.
Deepak Chand Thakur, Co-Founder and CEO of NPST, emphasized the impact of this collaboration, stating, “As consumer expectations evolve, this partnership positions banks to meet those needs with agility—enhancing customer satisfaction, increasing transaction volumes, and unlocking new revenue streams through interchange fees.”
Ramanathan RV, Co-Founder and CEO of Hyperface, highlighted the need for modernization in digital credit, stating, “The rapidly evolving UPI ecosystem demands both technological sophistication and extraordinary agility—qualities that legacy systems simply cannot deliver.”
This partnership marks a significant step in expanding credit accessibility via UPI, reinforcing the role of digital payments in India’s financial landscape.
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