BharatPe launches UPI offering, taps into consumer payments segment

Fintech platform BharatPe on Wednesday announced the launch of its UPI TPAP (third-party application provider) to facilitate consumer digital payments.

Earlier, BharatPe provided merchant-to-merchant digital payment services.

The company has also rebranded buy-now-pay-later app postpe' to BharatPe', according to a statement.

With this, there are now two apps available in the public domain: BharatPe (earlier postpe), and BharatPe for Business.

The fintech platform said it has partnered with Unity Bank to enable TPAP.

Customers can create their UPI ID on the BharatPe app with the extension @bpunity, and make both individual and merchant transactions.

"With our UPI TPAP, we aim to enable millions across Bharat to make seamless and secure UPI transactions, for their individual as well as business needs.

"The foray into the consumer payments category will help us to further propel adoption of digital payments and drive financial inclusion across the country," BharatPe CEO Nalin Negi