In a strategic alliance announced on January 9, 2026, NPST and Infinity Infoway introduce TimePay Prepaid Card, integrating prepaid payments into ERP workflows. Student, employee, and driver IDs become secure payment tools for campuses, fuel stations, and operations, promoting financial inclusion with oversight and compliance. Rollout starts phased across India.
NPST has partnered with Infinity Infoway to launch TimePay Prepaid Card, embedding identity-linked digital payments into ERP systems for educational institutions and transport firms. Parents preload funds for students' campus spends, while fleet operators fund drivers for fuel and expenses, ensuring controlled, cashless transactions nationwide in phases.
Key Highlights
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Partnership transforms IDs into prepaid RuPay cards via NPST's TimePay and Infinity's ERP, enabling seamless offline-online payments governed by organizational rules.
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Targets over 2 million students and 300,000 drivers, reducing cash risks with real-time reconciliation and audit trails.
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NPST ties up with NSDL Payments Bank for settlements; solution launched at Mumbai event on January 9.
Detailed Impact
The collaboration embeds payments into core operations, where Infinity Infoway's ERP handles identity, access, and policies, while NPST layers secure transactions. For schools, parents preload funds for canteens, books, and transport, gaining visibility to prevent misuse and digitize management. Transport firms pre-fund drivers for authorized fuel or expenses, curbing overbilling and enhancing fleet controls like inventory and payroll.
Leaders emphasized usability: NPST CEO Deepak Chand Thakur highlighted practical digitization, and Infinity MD Bhavesh Gadhethariya envisioned an infinite payments ecosystem. Phased pan-India rollout begins with select institutions, aligning with India's digital push. NPST, listed on NSE/BSE, processes billions in transactions yearly.
Sources: The Hindu BusinessLine, The Wire, Deccan Chronicle, ScanX Trade