BharatPe launches Credit-on-UPI solution with YES BANK

BharatPe has launched a Credit-on-UPI solution in partnership with YES BANK, adding a new credit-linked payment option to India’s digital payments ecosystem.

The new offering, called Pay Later with BharatPe, has enabled eligible users to make UPI payments using a pre-approved credit line rather than relying solely on funds in a linked bank account. The product was designed to make everyday digital payments more flexible while keeping the experience familiar for UPI users.

Nalin Negi, CEO, BharatPe, said, “The launch of Pay Later with BharatPe marks an important step in our mission to make credit more accessible and convenient for consumers. By combining the power of UPI with a seamless credit experience, we aim to empower users with greater financial flexibility for their everyday spending needs.”

Customers have been able to access the facility through the BharatPe app and complete the onboarding process digitally, including KYC verification. The launch has reflected a broader trend in India’s payments market, where banks and FinTech firms have continued to build products around UPI to expand access to formal credit and improve the payment experience.

Anil Singh, Country Head – Credit Cards & Merchant Acquiring, YES BANK, said, “We are pleased to partner with BharatPe to introduce this Credit-on-UPI solution. The offering enables customers to access formal credit through a simple and secure digital experience while leveraging the convenience and widespread acceptance of UPI.”

The launch has come as Credit-on-UPI has gained traction across the Indian financial services landscape, with institutions increasingly exploring ways to combine real-time payments, digital onboarding and regulated lending. BharatPe and YES BANK have positioned the product as a step toward broader credit access for consumers while keeping the payment flow fast and convenient.