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Learn how NPCI, an initiative of RBI and IBA, facilitates digital payments and settlement systems in India. Explore its products, services and statistics.
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National Payments Corporation of India (NPCI) is an Indian state-owned organization that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a ...
14 hours ago · The National Payments Corporation of India (NPCI) responded by isolating C-Edge from its payment systems to prevent further issues. C-Edge Technologies, a tech service provider for cooperative banks, experienced a ransomware attack that disrupted online payment services for over 100 banks.
The National Payments Corporation of India (NPCI) was established by the Indian Banks’ Association (IBA) and RBI (Reserve Bank of India) under the Payment and Settlement Systems Act of 2007. It was developed as an initiative to make a robust payment infrastructure in India.
NPCI is an umbrella organisation for all retail payment systems in India. It was set up with the support & guidance from Reserve Bank of India (RBI) & Indian Banks Association (IBA). A...
Aug 6, 2021 · The National Payments Corporation of India (NPCI), which oversees the digital payments ecosystem in India, has launched e-RUPI, a voucher-based payments system to promote cashless transactions. It has been developed in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority.
6 days ago · The National Payments Corporation of India (NPCI) is a vital organization responsible for managing and promoting retail payment systems in India. Established in 2008, NPCI was founded with the support of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA).
Mar 26, 2024 · Praveena Rai, chief operating officer of the National Payments Corporation of India, is playing a crucial role in developing India's digital infrastructure. By Neha Bothra Forbes India...
Mar 7, 2024 · National Payments Corporation of India (NPCI) on Wednesday announced the signing of a multi-year memorandum of understanding (MoU) with the Indian Institute of Science ( IISc ), Bengaluru, for conducting joint research on blockchain and artificial intelligence (AI) technology.
