NPST Goes Live with NPCI’s UPI Services at GFF 2025
NPST launches NPCI's UPI services at GFF 2025, enhancing digital payments with new features. FY24 revenue at ₹130.08 crore, up 216% YoY.
The launch of new UPI features and partnership with NPCI could lead to increased adoption and revenue growth. The reported financial growth also supports a positive impact.
The announcement highlights the launch of new UPI services and reports strong financial growth for FY24, indicating positive developments for the company.
* NPST has integrated and launched NPCI’s newest UPI solutions at GFF 2025. * NPST is part of the NPCI Partner Program, enabling banks and payment platforms to leverage advanced authentication, onboarding, transaction management, and interoperable payment features. * New UPI features launched include: * Face Authentication for UPI onboarding using UIDAI app-based biometrics. * Bio Authentication for UPI payments using device biometrics. * UPI Reserve Pay for recurring payments under single authorization. * Interoperable Autopay for recurring payments across multiple banks and platforms. * Multi-Signatory Account Onboarding for business accounts. * UPI Help Assistant for contextual user assistance. * IoT Payments embedding UPI transactions through smart devices. * For FY24, NPST reported total revenues of ₹130.08 crore with 216% YoY growth, EBITDA of ₹43.70 crore with 253% YoY growth, and net profit of ₹26.71 crore with 310% YoY growth. * Deepak Chand Thakur, Chairman and Managing Director, NPST, stated that the launch of these UPI features represents a significant advancement in India’s digital payments ecosystem.
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Network People Services Technologies Limited filed this with the NSE as a statutory disclosure, categorised under product launches. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Network People Services Technologies Limited. Read the original for the full detail.