BharatPe and YES BANK Launch BharatPe Flex Credit-on-UPI Solution

Exam-focused facts from the 5 June 2026 current affairs briefing.

Key facts

BharatPe has partnered with YES BANK to launch BharatPe Flex, a Credit-on-UPI solution designed for everyday digital transactions.
The service integrates a credit line into the Unified Payments Interface (UPI) ecosystem, allowing users to make in-shop QR-code payments, online transactions, and bill payments.
BharatPe Flex offers a 45-day interest-free repayment period and provides users the option to convert their spends into Equated Monthly Instalments (EMIs).
The platform features a fully digital onboarding and Know Your Customer (KYC) process, with credit approvals provided within three minutes for eligible users.
Users can track their expenses, credit limits, and repayments through the app while earning rewards on eligible payments made via the system.