Mumbai Mumbai: NPST, a leading provider of digital banking and payment processing solutions, is proud to be recognised as the Company of the Year in Payments Technology by Frost & Sullivan. This prestigious award reflects NPST’s unwavering commitment to innovation, sustained growth and its transformational role in shaping India’s banking and payments ecosystem.
The Company of the Year Award is given annually by Frost & Sullivan to an organisation that demonstrates outstanding technology excellence and delivers superior customer value through groundbreaking innovations. This recognition underlines NPST’s leadership in the digital payments space. Frost & Sullivan commended NPST for its pioneering solutions, including the Evoke Payments Platform-as-a-Service, Risk Intelligence Decisioning Platform and the company’s real-time UPI-based consumer credit product PayJoy. The company’s strategic use of artificial intelligence (AI) and machine learning (ML) technologies has further strengthened NPST’s position as a PayTech innovator, setting new standards in operational excellence, customer-centricity, and efficiency.
Rahul Agrawal, Associate Director, Growth Advisory at Frost & Sullivan, commented, “NPST exemplifies industry leadership through best practices in growth, innovation, and strategy. With its visionary approach, exceptional execution, and steadfast commitment to innovation, NPST continues to re-set industry standards and drive significant growth and transformation.”
Deepak Chand Thakur, CEO and Co-Founder of NPST expressed his gratitude for the recognition, saying, “It is both a privilege and a responsibility to be recognised as a top player in India’s payments technology industry. This award reaffirms our vision of providing innovative solutions that empower all players in the financial value chain – banks, payment aggregators and fintechs – while advancing their digital transformation goals. We are excited to continue expanding our solutions and make a lasting impact on the industry.”
