NPST and Jupiter Launch RuPay Credit Cards on UPI
The potential for credit card and UPI integration to revolutionise the payments industry is enormous.
Mumbai : NPST has partnered with Jupiter as a strategic step to revolutionise the world of financial services. Through this partnership, Jupiter RuPay credit card members will be able to access UPI services.
The potential for credit card and UPI integration to revolutionise the payments industry is enormous. Connecting a RuPay credit card to UPI provides cardholders with a number of useful benefits. Some major advantages of this merger are as follows:
Benefit No. 1: Time and effort saved by eliminating the need to carry cash or write checks thanks to UPI’s compatibility with RuPay credit cards. The process of making a payment is simplified, opening up a safe and rapid method of conducting routine monetary exchanges.
Increased User Engagement and Retention This platform’s goal is to increase user engagement and retention by providing a streamlined UPI experience.
Third, the time and money spent processing payments may be drastically cut by integrating credit card processing with UPI. Customers and business owners alike will appreciate the system’s ability to facilitate quick and trustworthy financial dealings.
Fourth, customers may access more of their available credit and earn more rewards by using UPI to make purchases with their credit cards. This allows for increased financial mobility and liquidity, as well as the opportunity to accrue credit card rewards.
A year ago, NPST saw an opening to create a decentralised technology stack that would not just benefit the banking sector but also the Fintech sector. The NPCI Rupay CC on UPI product stack is one example of an area that may benefit from an independent stack being built, as it would allow for more scalability in the industry, less dependence on a single technology stack, greater integration and cooperation opportunities, and a more expedited implementation road map.
NPST is a leading fintech solution provider committed to revolutionizing the financial services landscape. With a focus on cutting-edge technology and innovative solutions, NPST empowers businesses and individuals to navigate the digital era seamlessly. NPST offers a range of services, including payment processing, transaction security, and value-added solutions that enhance the customer experience.
“We are excited to embark on this journey with Jupiter,” said Deepak Chand Thakur, CEO and Co-Founder, NPST. “This collaboration marks a significant milestone in our commitment to delivering top-notch services to our customers. By fusing NPST domain expertise with Jupiter fintech prowess, we are confident in our ability to drive positive change in the financial services landscape.”
Jupiter Money is a fintech company on a mission to revolutionize personal finance. With a commitment to transparency, accessibility, and innovation, Jupiter Money empowers individuals to take control of their financial futures. The company offers a range of user-friendly financial tools and services designed to simplify banking, savings, and financial decision-making.
“We are excited to announce that we have completed the UPI issuer switch integration in just 60 days for our partner, Jupiter Money. This integration will enable Jupiter Money to provide switching services to any co-branded partner bank Rupay Credit Credit. This achievement was made possible by a synchronized effort by both partners” said Jitendra Gupta, CEO and Founder, Jupiter.
For more information, please visit – https://www.npstx.com/