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Tuesday, November 12, 2024

Gramin Banks In Kerala & Karnataka Select a Partner For Their Digital Transformation

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Kerala Gramin Bank and Karnataka Gramin Bank have placed orders for NPST’s banking Superapp. NPST is the top listed Fintech in India that offers banking and payment technology and solutions.

Two Gramin Banks Choose NPST SuperApp for Digital Shifts the wallet AGE
Deepak Chand Thakur, Co-founder and CEO, NPST

By enabling the delivery of captivating, modern banking and transactional experiences that are suited to the needs of consumers in rural and semi-urban areas, NPST Superapp will allow banks to speed digital transformation.

With over 600 million smartphone users, the government’s massive Digital India project and the growing smartphone penetration have contributed to a stunning transformation of India’s digital banking landscape.

These changes offer regional banks a fantastic chance to update their offerings and meet the changing expectations of their clientele in terms of digital banking.

To take advantage of these developments, the NPST Banking SuperApp offers consumers lifestyle banking experiences, particularly in tier two and tier three cities.

Numerous services are integrated, such as credit products, onboarding, regular banking and payment activities, and backend customer involvement and servicing.

Convenience is increased by the fact that users can use these services in their native tongue. NPST Banking SuperApp helps banks build more meaningful and engaging relationships with their clients by providing more than just transactional features.

Commenting on the win Deepak Chand Thakur, Co-Founder and CEO NPST said; “We are excited to work with Karnataka Gramin Bank and Kerala Gramin Bank to support their ongoing digital transformation and long-term growth in a scalable manner. By offering a comprehensive, integrated, and future-ready digital engagement platform, NPST is strengthening the experiences banks can offer to previously underserved populations, and secure a competitive edge in the fast-growing digital-first payments economy.”

By enabling banks to quickly develop and implement unique services through a wide range of Open APIs supported by the NPST API Hub and a robust ecosystem of partner innovations, the NPST Banking SuperApp quickens the pace of innovation.

Because of its sophisticated, high-availability architecture built on microservices, banks are able to grow with ease and keep up with the exponential growth of digital interactions.

Since NPST was founded from the ground up, it has a wealth of integration knowledge and is compatible with all payment rails and core banking solutions. This allows for quick creation of new products and services, reducing time to market and related costs with protracted roll-outs.

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