Seamless pre-approved Credit line on UPI

NPST PayJoy is an API-based credit enabling solution that integrates with banks’ UPI apps to offer credit to a broader customer base, including those without traditional credit access. It uses an AI-driven engine to assess credit eligibility and interfaces with the Loan Management System for tailored credit products.

Key Capabilities

AI-Based Risk Decisioning

PayJoy utilizes Explainable AI to assist banks in offering tailored credit options to customers based on their financial profiles.

Built-in NPST Switch

Integrated NPST switch significantly reduces processing latency, enhancing the speed of transactions and improving the success rate of payments.

Rationalizes Compliance Overheads

Interfaces with NPCI UIDIR system to efficiently manage disputes for delegated payments, reducing manual efforts and errors.

User-Specific Credit Limits

Credit limits for each user are established based on predefined criteria, allowing for personalized lending that aligns with individual financial profiles.

Seamless Integration

Seamless integration with Loan Management Systems, Core Banking Systems, Loyalty Management Systems, and Central Payment Schemes allows banks to quickly bring credit line offerings to market.

Rich Decisioning Insights

Detailed analytics on loan performance and borrower metrics including acceptance rates, repayment trends at a customer and aggregate level, and default rates improve business decisions.

Simplified Reconciliation and Settlement

Facilitates two-party and three-party reconciliation by cross-referencing data from switch and loan management records. This process ensures accuracy, minimizes discrepancies, and maintains reliable information regarding loan disbursals, repayments, and interchange fees.

Value We Deliver to Customers

Delivers Credit in a Click

Credit is enabled directly on the user’s UPI application. No more paperwork hassles and long waits for loan approvals.
Zero Interest

Zero interest on timely repayment of credit

Supports Flexible Payment Schedules

PayJoy offers borrowers the flexibility to choose their repayment schedule, allowing them to manage their finances better.
Builds Credit History

Prudent use of the credit line can assist users in developing a favorable credit history, especially beneficial for non-credit card holders.

Assured Data Privacy

Adherence to RBI’s data privacy guidelines, ensuring the security of personal and financial information.

NPST PayJoy

Unlock Instant Credit Access with the convenience of UPI!

Value We Deliver to Customers