India  

National Payments Corporation of India

Umbrella organisation for operating retail payments and settlement systems in India

National Payments Corporation of India    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

National Payments Corporation of India: Umbrella organisation for operating retail payments and settlement systems in India
National Payments Corporation of India (NPCI) is an Indian public sector company 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 settlement infrastructure in India.

0
shares
ShareTweetSavePostSend
 

You Might Like


Amid Diwali festivities, UPI sets new record in October with transactions over...

According to data shared by the National Payments Corporation of India (NPCI) on Friday, October saw a 10 per cent increase in volume and 14 per cent in value compared to September.
DNA - Published

PM Modi to visit Mumbai, Palghar today, to launch project worth Rs 76000 crore

The Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC) organise one of the biggest fintech conferences every year: the Global..
DNA - Published

After France, Singapore, UAE, India to introduce UPI services in this country

Developed by the National Payments Corporation of India (NPCI), Unified Payment Interface (UPI) is an instant real-time payment system to facilitate inter-bank transactions through mobile phones
DNA - Published

New FASTag rules from today; know KYC updates, key changes and more

The National Payments Corporation of India (NPCI) will enforce new rules for FASTag users starting today (August 1, 2024), focusing on your updated Know Your Customer (KYC) requirements.
DNA - Published

Some NPCI reactors have set record by operating nonstop for 365 days on 42 occasions: AEC chief

The Nuclear Power Corporation of India (NPCI) has achieved multiple records with its nuclear reactors, operating continuously for over 365 days on 42 occasions and over 700 days on five occasions,..
IndiaTimes - Published

No person-to-person transactions via FASTags, NPCI clarifies on fraud claim videos


IndiaTimes - Published