Network People Services Technologies Limited (NPST), a leading digital banking and payments technology provider, has announced the launch of its new Bank-in-a-Box platform, a comprehensive and ready-to-deploy digital banking solution aimed at small, mid-size, and cooperative banks across India.
The Indian banking sector continues to face challenges such as legacy core systems, fragmented digital infrastructure, and limited in-house technology capabilities. These constraints often slow innovation and impact customer experience. NPST’s Bank-in-a-Box platform has been designed to directly address these issues by offering a modern, scalable, and high-performance digital banking and payments stack.
The platform enables banks to modernise operations, streamline service delivery, and significantly accelerate their digital transformation journey. As digital adoption deepens across the financial ecosystem, NPST’s solution provides an integrated environment that combines payments processing and banking services within a single unified framework.
Bank-in-a-Box supports UPI and IMPS transactions and includes merchant acquiring solutions for offline channels such as QR codes and Soundbox devices, as well as online payment capabilities including Pay-in, Payout, and Interoperable Autopay. This allows banks to expand their merchant and customer offerings across multiple digital touchpoints.
A key highlight of the platform is its AI-powered RegTech capability, which helps banks manage merchant risk efficiently while enabling real-time fraud risk monitoring and online dispute resolution. This strengthens compliance, improves operational oversight, and enhances trust across the payments ecosystem.
The platform also features an omnichannel Banking SuperApp with access to more than four hundred services, including account and credit management, bill payments, e-commerce, and ticketing. This allows banks to deliver a seamless, unified digital experience to customers through a single interface.
Built on a plug-and-play architecture, NPST’s Bank-in-a-Box enables rapid deployment. Certain modules can be activated instantly, ensuring immediate operational readiness. For solutions requiring deeper system integration, NPST has optimised its implementation processes, reducing deployment timelines by up to sixty percent and enabling banks to go live within eight to twelve weeks.
