This new product is designed to democratize access to credit across Bharat, allowing both consumers and merchants to manage their financial needs with ease.
According to a company statement, ‘Pay Later with BharatPe’ consumers can now make payments using a line of credit at all merchant touchpoints. This includes scanning any UPI QR code, shopping online or paying for recharges or bill payments on the BharatPe app.
According to a company statement, ‘Pay Later With BharatPe’ offers instant UPI credit without any paperwork or delays, allowing users to spend their money daily and repay in full monthly, or through flexible EMIs of 3 to 12 months.
The interest-free credit facility offers up to 45 days of interest-free usage, with limits renewed upon repayment. Users can seamlessly track usage, limits and repayments within the app, manage EMIs and pay securely via UPI – all in one place, ensuring a safe, convenient and fully integrated credit experience.
Nalin Negi, CEO of BharatPe, said: “Credit penetration in India remains low, especially for small merchants and new credit consumers. With ‘Pay Later with BharatPe’, we unlock a huge opportunity to provide a compliant, scalable and convenient credit solution that meets the spending needs of both merchants and consumers.”
According to a company statement, users will also get access to BharatPe UPI Rewards, where they will earn a guaranteed reward in the form of countless coins for all transactions made through the BharatPe UPI app.
These coins can be used to purchase vouchers for multiple brands or products and pay all forms of utility bills.
Anil Singh, Country Head, Credit Cards & Merchant Acquiring, YES BANK, said, “YES BANK is a key player in the UPI ecosystem. We are excited to partner with BharatPe to deliver credit for UPI solutions at scale. We will leverage our digital onboarding and underwriting capabilities to serve customers hailing from BharatPe and beyond.”
According to company information, BharatPe is the only fintech company in India with an NBFC (Trillion Loans) license, a stake in a Small Finance Bank (Unity SFB) and a license for Online Payment Aggregator services.
Published on December 22, 2025
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