Fintech major BharatPe has expanded its lending offerings with the launch of BharatPe Flex, a new credit-on-UPI product developed in partnership with YES Bank. The facility allows eligible users to make UPI payments using a pre-approved credit line instead of directly debiting money from their bank accounts.
The launch comes as financial services companies increasingly look to combine short-term credit products with India’s rapidly growing UPI ecosystem, enabling consumers to access credit while continuing to use familiar digital payment channels.
BharatPe Flex allows users to make payments through existing UPI infrastructure across a wide range of transactions, including merchant QR-code payments, online shopping, utility bill payments, mobile recharges, travel bookings, and other daily expenses.
Eligible users can link their approved credit line to UPI and use it seamlessly wherever UPI payments are accepted.
According to the company, customers can enjoy up to 45 days of interest-free credit on eligible purchases. Users also have the flexibility to either repay the entire outstanding amount within the billing cycle or convert qualifying transactions into Equated Monthly Instalments (EMIs).
The company said the product can be activated through a fully digital onboarding and Know Your Customer (KYC) process, reducing paperwork and speeding up access to credit.
Users will also be able to monitor spending, available credit limits, repayment schedules, and transaction history directly through the BharatPe mobile application.
To support adoption, the company has launched an awareness campaign highlighting the benefits and use cases of the new credit-on-UPI facility.
The launch reflects a broader trend in India’s digital payments industry, where fintech companies and banks are increasingly offering credit products on top of the UPI network.
Credit-on-UPI services allow consumers to access short-term financing while continuing to use the country's most widely adopted digital payment platform for everyday transactions.
Under the partnership, YES Bank is providing the underlying credit and payment infrastructure powering BharatPe Flex.
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With BharatPe Flex, the company is aiming to make short-term credit more accessible and convenient by integrating it directly into the UPI ecosystem. As digital payments and consumer credit adoption continue to rise in India, credit-on-UPI products are expected to become an increasingly important segment within the fintech industry.
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Published on: Jun 2, 2026, 2:40 PM IST
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