New Delhi, June 2 (APAC Media): BharatPe has announced the launch of BharatPe Flex, a Credit-on-UPI solution powered by YES BANK.
The new offering is designed to provide users with greater flexibility and control over their daily spending by integrating a credit line directly into the UPI payment experience.
With BharatPe Flex, customers can continue using UPI across existing payment ecosystems, including in-store QR code payments, online purchases, bill payments, mobile recharges, travel bookings, fuel purchases, and other everyday transactions.
The solution enables users to access instant credit while maintaining their familiar payment habits.
Key Features of BharatPe Flex
- Credit-on-UPI for online and offline payments
- Up to 45 days interest-free repayment period
- Option to repay in full or convert spends into EMIs
- Fully digital onboarding and activation
- In-app tracking of spending, limits and repayments
- Rewards on eligible payments through BharatPe UPI
Credit Meets Convenience
The launch comes at a time when UPI has become deeply embedded in India’s digital payments landscape. As consumers increasingly seek payment solutions that align with their cash flow needs, BharatPe Flex aims to bridge the gap between convenience and financial flexibility.
Users can repay their dues in full within the billing cycle or choose to convert eligible spends into easy EMIs based on their repayment preferences. The product offers up to 45 days of interest-free credit and features a fully digital onboarding process with approvals available within three minutes for eligible customers.
Speaking on the launch, Nalin Negi, CEO, BharatPe, said: “UPI has fundamentally transformed the way India transacts by making payments instant, interoperable, and accessible at scale. As digital payments mature, we believe the next phase of innovation will focus on providing consumers with greater flexibility and control over how they manage everyday expenses. BharatPe Flex has been built to address that emerging need by combining the familiarity of UPI with the convenience of credit in a seamless and intuitive manner.”
Commenting on the partnership, Anil Singh, Country Head, Credit Cards & Merchant Acquiring, YES BANK, said: “YES BANK has been a major player in India’s UPI ecosystem, supporting the growth of digital payments through strong technology infrastructure and innovation-led solutions. As the payments landscape continues to evolve, we see significant opportunities to leverage our strengths across payments and credit to enable newer use cases and deliver differentiated customer experiences. Our collaboration with BharatPe reflects our commitment to provide a seamless Credit-on-UPI experience that offers customers greater flexibility in managing their everyday transactions.”
BharatPe has also launched a new brand campaign titled “Pay now. Settle later.”, highlighting the growing demand for flexible payment solutions that combine the convenience of UPI with access to credit.
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