NPST Partners with Indian Overseas Bank to Launch Voice-Based UPI Payments

2 min read     Updated on 07 Nov 2025, 04:58 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Network People Services Technologies Limited (NPST) has been mandated by Indian Overseas Bank to implement UPI 123Pay, a voice-based UPI payment system. This solution targets approximately 850 million individuals in India who haven't adopted UPI yet, including 400 million feature phone users. UPI 123Pay operates without internet connectivity, supports 12 Indian languages, and offers features like balance checks and transaction history. NPST developed this in partnership with MissCallPay. The company, listed on BSE and NSE, specializes in fintech and processes over 18 billion transactions annually. NPST has scheduled a Board Meeting for November 12, 2025, to discuss Q2 FY26 financial results.

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*this image is generated using AI for illustrative purposes only.

Network People Services Technologies Limited (NPST) has secured a significant mandate from Indian Overseas Bank to implement UPI 123Pay, a revolutionary voice-based UPI payment system. This innovative solution aims to bridge the digital divide by enabling feature phone users and non-tech-savvy smartphone users to access UPI payment services.

Key Features of UPI 123Pay

  • Target Audience: Approximately 850 million individuals in India who haven't adopted UPI yet, including 400 million feature or button phone users
  • Technology: Operates without mobile data or internet connectivity
  • User Interface: Allows payments through voice or keypad inputs via missed calls and IVR callbacks
  • Language Support: Available in twelve Indian languages
  • Additional Features: Balance checks, transaction history, dispute management, and UPI PIN management

NPST's Collaboration and Technology

NPST has developed this solution in partnership with MissCallPay, leveraging their combined expertise to create a user-friendly payment system. The voice-based UPI payment platform is designed to be accessible to a wide range of users, particularly those who may find traditional digital payment methods challenging.

Company Profile

Aspect Details
Incorporation 2013
Listing BSE and NSE
Specialization Fintech, payments, and digital banking technology
Customer Base Supports over 20 banks and 100 customers
Transaction Volume Processes more than 18 billion transactions annually
Financial Performance (FY25) Revenue: ₹180.00 crore
Profit After Tax: ₹45.00 crore

Upcoming Financial Results

As per the LODR data, NPST has scheduled a Board Meeting for November 12, 2025, to discuss and approve the following:

  1. Un-Audited Consolidated and Standalone Financial Results for the quarter ended September 30, 2025
  2. Limited Review Report on Consolidated and Standalone Financial Results for the same period
  3. Report of the monitoring agency for the quarter ended September 30, 2025

This initiative by NPST and Indian Overseas Bank represents a significant step towards financial inclusion in India. By making UPI payments accessible to feature phone users and those less comfortable with technology, the partnership has the potential to bring millions of new users into the digital payment ecosystem.

The voice-based UPI system could be particularly impactful in rural areas and among older demographics, where smartphone adoption and internet connectivity may be limited. As India continues its digital transformation, solutions like UPI 123Pay play a crucial role in ensuring that no one is left behind in the shift towards a cashless economy.

Investors and stakeholders will be keenly watching NPST's upcoming financial results to gauge the impact of this new initiative on the company's performance and future growth prospects.

Historical Stock Returns for Network People Services Tech

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Network People Services Technologies Sets Record Date for Final Dividend, Announces AGM Details

1 min read     Updated on 11 Sept 2025, 05:44 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Network People Services Technologies Limited (NPST) has set important dates for its Annual General Meeting (AGM) and final dividend distribution for FY 2024-25. The record date for dividend eligibility is September 12, 2025. Book closure is from September 22-29, 2025. Dividend payment, subject to approval, will be made on or after October 6, 2025. The e-voting eligibility cut-off date for the AGM is September 19, 2025.

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*this image is generated using AI for illustrative purposes only.

Network People Services Technologies Limited (NPST) has announced key dates for its upcoming Annual General Meeting (AGM) and final dividend distribution for the financial year 2024-25. The company has set several important dates for shareholders to mark on their calendars.

Dividend Record Date

NPST has fixed Friday, September 12, 2025, as the record date for determining shareholder eligibility for the final dividend for the financial year ended March 31, 2025. This date is crucial for investors as it determines who will receive the dividend payment.

Book Closure and AGM

The company has also announced a book closure period from Monday, September 22, 2025, to Monday, September 29, 2025 (both days inclusive). During this time, the Register of Members and Share Transfer Books of the company will remain closed in preparation for the upcoming AGM.

Dividend Payment

Subject to shareholder approval at the AGM, the final dividend payment, if approved, will be made on or after October 6, 2025. The company has clarified that the dividend will be subject to deduction of tax at source as per applicable regulations.

Eligibility for Dividend

The dividend, if approved, will be paid to:

  • Beneficial owners of shares held in dematerialized form, as per data provided by the National Securities Depository Limited and the Central Depository Services (India) Limited at the close of business hours on September 12, 2025.
  • Members holding shares in physical form, after accounting for valid transmission or transposition requests lodged with the company by the close of business hours on September 12, 2025.

E-Voting for AGM

For those interested in participating in the company's decision-making process, NPST has set Friday, September 19, 2025, as the cut-off date for determining the eligibility of members for e-voting at the AGM.

Shareholders of Network People Services Technologies Limited should take note of these important dates to ensure they don't miss out on dividend payments or voting opportunities. As always, investors are advised to keep their contact and bank details updated with their depository participants or the company's registrar and transfer agent to facilitate smooth dividend disbursement.

Historical Stock Returns for Network People Services Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.20%-6.85%-11.65%-14.63%-44.44%+2,207.87%
Network People Services Tech
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