Sunday, January 04, 2026 | 04:33 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Network People Services Technologies partners with Cosmos Co-operative Bank

Image

To expand digital payment acceptance infrastructure

Network People Services Technologies (NPST) has entered into a partnership with Cosmos Co-operative Bank to expand digital payment acceptance infrastructure for co-operative banks across India.

As part of this partnership, NPST will be leveraging its offline payment acceptance platform - Qynx, to manage the complete merchant lifecycle, including:

Device procurement and logistics Merchant onboarding for acquirers Field operations and servicing Technical integration Compliance and regulatory management

This collaboration will enable more than 1,500 co-operative banks, collectively operating over 11,000 branches, to offer QR code and soundbox-based digital payment acceptance to their customers without the need to develop or maintain their own digital backend infrastructure.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 20 2025 | 1:33 PM IST

Explore News