8 months ago

NPST and Infinity Infoway Launch ERP-Integrated Prepaid Payment Platform

NPST and Infinity Infoway Launch ERP-Integrated Prepaid Payment Platform
NPST partners Infinity Infoway to launch ERP-integrated prepaid payment platform · thehindubusinessline.com

NPST and Infinity Infoway have teamed up to create a new prepaid card called TimePay.

This card is special because it works with the software that schools, colleges, and logistics companies use to manage their daily tasks.

Parents can put money on the card for their kids to use at school, and bosses can do the same for their drivers.

The card helps keep track of spending and makes sure everything is done digitally, without cash.

It's like having a smart wallet that also helps with school or work tasks.

The companies plan to start using this card in a few places first and then expand it everywhere in India.

Key facts

Companies Involved
NPST, Infinity Infoway, NSDL Payment Bank
Product Launched
TimePay Prepaid Card
Target Users
Students, drivers, parents, fleet owners
Integration
ERP systems for business workflows
Transaction Settlement
NSDL Payment Bank
Deployment Plan
Phased rollout across India
Potential Users
20 lakh students, 3 lakh drivers

Quotes

Network People Services Technologies (NPST) and Infinity Infoway

NPST is a digital banking and payments technology company, and Infinity Infoway is a SaaS company specializing in ERP and digital transformation solutions.

“Infinity Infoway’s ERP governs core operational processes such as identity issuance, role definition, access rights, approvals, and policy enforcement. NPST’s payment layer is embedded into this operational framework, allowing transactions to occur only within the boundaries defined by the organisations. As a result, who can spend, where they can spend, and how payments are used are determined by operational rules, not manual intervention.”
deccanchronicle.com
“NPST’s TimePay Prepaid Card with Infinity Infoway brings embedded payments into the heart of enterprise operations by integrating prepaid payment capabilities with ERP-led business workflows. Student IDs, employee IDs, and driver IDs are transformed into secure, prepaid credentials that support operational use cases, with payments acting as a natural extension of how organisations already function.”
deccanchronicle.com

Deepak Chand Thakur

CEO and co-founder of NPST

“By embedding payments directly into identity credentials, Timepay enables institutions to digitise everyday transactions while retaining control, compliance, and transparency.”
deccanchronicle.com

Bhavesh Gadhethariya

Founder and MD of Infinity Infoway

“Together, we aim to build a single identity–based, infinite payments ecosystem for students, employees, and drivers. Infinity’s capabilities and presence in the education ecosystem will enable us deliver greater value to students, parents, and education management.”
deccanchronicle.com

Sources

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