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UPI Payments

TimePay UPI – Instant Mobile Transfer

NPST envisioned the growth of digital platform which would be empowered by UPI payment ecosystem. This led to our decision in becoming one of the Third Party UPI Application (TPAP) in the country enabling merchants and users to harness the advantage built through integrated ecosystem of UPI.

Being a Technology Service Provider (TSP) to banks we have developed robust solution for UPI as per the NPCI’s guidelines.

Our step towards TPAP was to create an integrated ecosystem empowering several Merchant categories in MSME segment who are deprived of the digital ERP inbuilt with Payment platform.

This new payment method can now allow user transaction from any application linking any bank account. A complete interoperable platform with QR based payment features for Merchants to accept digital payments.

TimePay®, developed by NPST and sponsored by The Cosmos Co-op Bank ltd is a solution which synthesizes Digital payments with consumer services and merchant platform. It is most simplified and efficient application to manage user Accounts and Merchant Payments with Security.

TimePay® empowers Merchant with an automated process, integrated payment, data intelligence, and digital services. It is the ‘one-stop solution for your multiple needs with quick and easy process.

Accept & Send Payments in just a Click

TimePay UPI App
Send and Receive Payment Instantly through UPI ID
Supported by major Banks
Direct Bank Transfer
Scan and Pay using QR Code
Check Bank A/c Balance
Recharges, Gas & Electricity Bill Payments
Make Payment for invoices raised by your billers including your society

Payment Set-up for Users


1. Download the TimePay App from App Store / Play Store
2. Link the Bank Account
3. Create UPI ID
4. Set UPI Pin
5. You are ready to go!

TimePay for Merchants

Reach out to our sales team to increase your business with digital platform.

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Enable Simple, Secure and Fast Online Payments

TimePay Unique Features

Interoperable solution

Collect or make payments
with UPI ID


Safe and Secure

Follows strict RBI and NPCI guidelines for application and data.

Integrated platform

UPI as an integrated solution in web or mobile based application for Merchants.

Merchant Payments

Inbuilt Merchant payment platform to generate digital revenue.

24/7 Availability

High industry uptime for users and Merchants.

Monitoring and Control

In-built modules for auto-monitoring, alerts, and analysis of platform.

Frequently Asked Questions

Unified Payments Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI), an RBI regulated entity. UPI is built over the IMPS infrastructure and allows you to instantly transfer money between any two parties' bank accounts

UPI is providing additional benefits to IMPS in the following ways:

Provides for a P2P Pull functionality
Simplifies Merchant Payments
Single APP for money transfer
Single click two factor authentication

UPI-PIN (UPI Personal Identification Number) is a 4-6 digit pass code you create/set during first time registration with this App. You must enter this UPI-PIN to authorize all bank transactions. If you have already set up an UPI-PIN with other UPI Apps, you can use the same on BHIM. (Note: Banks issued MPIN is different from the UPI UPI-PIN, please generate a new UPI-PIN in the BHIM app) Note: Please do not share your UPI-PIN with anyone. BHIM does not store or read your UPI-PIN details and your bank's customer support will never ask for it.

In case you enter the wrong UPI PIN , the transaction will fail. In case you input the wrong UPI PIN multiple times, bank may temporarily block sending money using UPI from my account (this varies from bank to bank

In such a case, please ensure that the mobile number linked to your bank account is same as the one verified in any UPI App. If it is not the same, your bank accounts will not be fetched by the UPI platform

When you shop-online, you can pay through UPI when you see UPI as a payment option. On clicking that, you will need to enter your Payment Address (eg - xyz@upi). Once entered, you will receive a collect request on your BHIM app. Enter your UPI-PIN here and your payment will be complete

All payments are instant and 24/7, regardless of your bank's working hours.

Yes, a customer needs to register with his/her PSP before remitting funds using UPI and link his accounts

In case of Virtual ID transaction, the beneficiary needs to have a Virtual ID and in turn be registered with UPI but in case of Account + IFSC or Aadhaar number, the beneficiary need not be registered for UPI. (Please check with your PSP and Issuing bank with regard to the services enabled on the App)

The different channels for transferring funds using UPI are:

Send/Collect through Virtual ID
Account Number + IFSC
Aadhaar Number

UPI provides for real time reversals for declines and amount would be transferred back to the payer account immediately. In case if it does not reverse the amount immediately, you can contact your bank for the same.

At present, the upper limit per UPI transaction is Rs.1 Lakh.

In case of failures money will be refunded back to your account. Sometimes this takes longer than intended. If you do not receive the refund within 1 hour, please contact customer support at your bank.

You can set your UPI pin on TimePay using your debit card details.

Your transaction is successful, but due to some issue at the beneficiary bank end, there is a delay. The amount will reach him/her in 48 hours, once the bank is done with its daily settlements.