NPST: The Invisible Force Behind India's Digital Payments
- Riddhi Agnihotri
- Jul 23
- 2 min read
How a Thane-based fintech became the backbone powering 60 million daily transactions
The Problem Nobody Talked About
In 2013, everyone was excited about India's digital payments revolution. UPI was coming, mobile banking was growing, and fintech startups were launching daily. But there was a critical problem: the infrastructure couldn't handle the scale. Banks needed systems that could process millions of transactions without breaking, fintechs required always-on payment processing, and merchants desperately needed fraud protection.
Building the Invisible Backbone
Network People Services Technologies Ltd (NPST) saw an opportunity others missed. Instead of building another payments app to compete with PhonePe or Paytm, they became the infrastructure company that makes all these apps possible. Founded in Thane with operations across Noida and Bengaluru, NPST positioned itself as the essential middleware between banks, fintechs, and millions of users.
Their approach was simple but powerful: build bulletproof infrastructure that handles UPI switches, mobile banking backends, payment processing, and fraud detection. While others focused on user-facing apps, NPST built the invisible technology that keeps India's digital economy running.
The Results Speak Volumes
Today, NPST processes over 60 million transactions daily across 100+ enterprise clients including major banks and merchants. Their infrastructure has become so essential that when you pay with UPI, use mobile banking, or make any digital transaction, there's a good chance NPST's systems are quietly making it happen.
The company went public on NSE and BSE in 2025 with a market cap of ₹4,009 crore, posting impressive numbers including 39% revenue growth and 68% profit surge in FY25. More importantly, they've earned recognition at the BW Businessworld Fintech Awards 2025 for their contributions to India's financial technology infrastructure.
Why NPST Matters
In India's digital transformation story, NPST represents something crucial but often overlooked: the reliable infrastructure that makes innovation possible. They've proven that in fintech, being the trusted backend partner can be more valuable than being the flashy frontend app.
As India continues building its digital economy, NPST's role as the invisible force ensuring every transaction works smoothly becomes increasingly critical. They don't just process payments—they've built the digital nervous system that keeps India's trillion-rupee digital economy beating, one transaction at a time.
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