Opting for NPST Payouts presents multiple benefits for businesses in need of a dependable UPI processing platform. As a leading player in the industry, NPST brings forth credibility, a solid reputation, and clear roadmaps for future advancements. We facilitate swift onboarding onto our Payouts platform, enabling businesses to seamlessly integrate within just a week using the Payouts API. Furthermore, our platform boasts seamless scalability, effortlessly managing high payloads while maintaining optimal performance. With NPST, businesses can trust in consistently high success rates, emphasizing reliability and efficiency in every transaction.

NPST supports transaction reversals in scenarios where the merchant account is debited but the amount is not credited to the beneficiary account.

NPST Payouts does not impose any limits on the number of beneficiaries per transaction.

To complete the Know Your Customer (KYC) process for onboarding onto the NPST platform, merchants are required to submit the following documents:

• Goods and Services Tax (GST) Registration;
• Permanent Account Number (PAN) Card;
• Memorandum of Association (MOA);
• Incorporation Certificate; and
• Bank Account Details and IFSC code

Once themerchant is onboarded and MID is created for the same, they will be able to onboard sub merchants onto NSPT Payouts. The liability for verifying KYC details of the sub-merchant rests with the merchant.

The businesswould need to open a current account with Sponsor Bank (Cosmos Bank) and for all payouts this current account will be debited before initiating any transaction.

You can email us at sales@npstx.com or schedule a demonstration sessionusing the NPSTX website.