NPST partners with Hyperface to enable instant credit access via UPI for banks

NPST, an Indian fintech firm specializing in UPI and digital banking solutions, has partnered with Hyperface to offer embedded credit lines through UPI for banks and credit issuers. 

Despite India's growing middle class and rising discretionary spending, access to affordable credit remains a challenge due to low credit card penetration—there are only 100 million credit cards compared to over 400 million UPI users.

The NPST-Hyperface partnership aims to bridge this gap by providing a seamless, digital-first credit experience that enhances purchasing power and promotes financial inclusion.

Benefitting merchants and consumers

The company said that the banks and credit issuers can use their existing infrastructure and customer data to offer tailored UPI-based credit products. Eligible consumers will be able to access pre-approved credit lines at the point of sale, allowing them to make purchases and split payments into flexible installments. Merchants, in turn, will benefit from higher conversion rates, larger transaction values, and improved customer loyalty.

Integrating UPI switch technology

Through this partnership, NPST will integrate its UPI switch technology with Hyperface’s advanced Embedding Banking Platform.

Hyperface's Credit Management Engine, built on a sophisticated technology stack, is a completely modular, flexible, and comprehensive solution; it enables banks not only to build, iterate and deploy Credit Line on UPI-ready products rapidly but also re-calibrate in realtime to drive scalability.

The combined solution equips banks with digital-first credit solutions with full-spectrum lifecycle support — including customer risk assessment, real-time business insights, and built-in compliance tools — enabling innovative and sustainable credit offerings through UPI.

Leadership comments

Commenting on the partnership, Deepak Chand Thakur, Co-Founder and CEO, NPST, said; “We are proud to partner with Hyperface to democratize access to credit through UPI. As consumer expectations evolve, this collaboration positions banks to meet those needs with agility — driving customer satisfaction, boosting transaction volumes, and creating new revenue streams through interchange fees. Together, we’re not just transforming credit; we’re shaping the future of embedded finance in India.”

"The rapidly evolving UPI ecosystem demands both technological sophistication and extraordinary agility — qualities that legacy systems simply cannot deliver”, said Ramanathan RV, Co-Founder and CEO, Hyperface.

“As new use cases emerge and requirements rapidly evolve, we recognized the need to partner with a modern, tech-forward player who could match our pace of innovation. Hyperface's advanced Credit Management Platform, combined with NPST's proven expertise in UPI technology, creates a powerful synergy that will enable banks to build, rapidly deploy and scale innovative credit solutions for tailored customer segments. This partnership exemplifies how new-age companies can collaborate to solve complex financial challenges at the speed the market demands."