Network People Services Technologies Limited has informed the Exchange regarding a press release dated November 06, 2025, titled "NPST forays into Voice-Based UPI Payments with Mandate from Indian Overseas Bank".
NPST · price
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Network People Services Technologies (NPST) has announced its entry into voice-based UPI payments after securing a mandate from Indian Overseas Bank (IOB), a public sector bank. Voice-based UPI allows users to initiate and complete Unified Payments Interface transactions through voice commands, a relatively new and emerging payment mode in India. The mandate from IOB indicates NPST will provide the technology platform or backend support for this service at the bank. This marks a new product vertical for NPST, which already operates in the digital payments and banking technology space. The development positions the company among early movers in the voice-led payments segment, which is being promoted as a step toward inclusive digital payments.
This is a positive development for shareholders as it opens a new revenue stream for NPST and demonstrates its ability to win mandates from public sector banks. Wins in innovative payment categories can support long-term growth, though near-term stock impact will depend on the financial size of the mandate and adoption of voice-based UPI.