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National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks Association (IBA).
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The National Payments Corporation of India (NPCI) is an 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 robust payment and ...
Mar 26, 2024 · Praveena Rai, COO of NPCI, is a veteran banker and a visionary leader who has contributed to India's digital payments growth and innovation. She shares her journey, achievements, and vision in this Forbes India article.
Apr 3, 2023 · NPCI is a RBI-promoted entity that operates various payment systems, such as UPI, RuPay, IMPS, and AEPS. It is owned by a consortium of 56 banks and other entities regulated by RBI.
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.
NPCI is a nonprofit company that operates retail payment systems in India with RBI and IBA support. Learn about its products, services, employees, updates, and locations on LinkedIn.
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What is National Payments corporations of India (NPCI)?
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Dec 6, 2017 · NPCI has been at the centre of devising and building the unified payments interface (UPI), a digital payments interface that stands out for its interoperability, meaning that any bank or financial services provider can use it, and that customers can transact money between multiple different bank accounts, cards and wallets using it.
