NPST and Hyperface partner to enable instant credit access via UPI for banks

By Gloria Methri

NPST has partnered with Hyperface to enable banks and credit issuers to offer embedded credit solutions through UPI, expanding instant credit access for millions of users in India.

With India’s growing middle class and increasing discretionary spending, affordable access to credit remains a challenge due to low credit card penetration — just 100 million cards compared to over 400 million UPI users. The NPST-Hyperface alliance bridges this gap, delivering a seamless, digital-first credit experience that enhances purchasing power, fuels consumer spending, and drives financial inclusion at scale.

Banks and credit issuers can leverage their vast infrastructure and rich customer data to offer tailored UPI-based credit products. Eligible consumers will gain access to pre-approved credit lines at the point of sale, empowering them to make purchases and split payments into flexible instalments. Merchants stand to benefit from higher conversion rates, larger basket sizes, and stronger customer loyalty.

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 to build, iterate and deploy Credit Line on UPI-ready products rapidly and re-calibrate in real time 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.

Commenting on the partnership, Deepak Chand Thakur, Co-Founder and CEO of NPST, stated, “We are proud to partner with Hyperface to democratise 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 are not just transforming credit; we are 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 of Hyperface.  “As new use cases emerge and requirements rapidly evolve, we recognised 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.”