NPCI


Associated tags: UPI, RuPay, NPCI, IMPS, Immediate Payment Service, Unified Payments Interface, BHIM, NETC, Knowledge, DCS, Drug, Online shopping, National Payments Corporation of India, Assistant, Data analysis, Highness, Central bank, AEP, NIPL, FIT, Digital transformation

Locations: SINGAPORE, INDIA, MALAYSIA

Google Pay India signs MoU with NPCI International for Global Expansion of UPI

Retrieved on: 
Tuesday, January 30, 2024

NEW DELHI, Jan. 30, 2024 /PRNewswire/ -- Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India.

Key Points: 
  • NEW DELHI, Jan. 30, 2024 /PRNewswire/ -- Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India.
  • First, it seeks to broaden the use of UPI payments for travelers outside of India, enabling them to conveniently make transactions abroad.
  • Deeksha Kaushal, Director, Partnerships, Google Pay India, said, "We are delighted to support NIPL towards expanding the reach of UPI to international markets.
  • Ritesh Shukla, CEO – NPCI International Payments Limited (NIPL), said, "We are pleased to team up with Google Pay to propel UPI onto the global stage.

NPCI International enters into strategic partnership with Al Etihad Payments to develop UAE's Domestic Card Scheme

Retrieved on: 
Tuesday, October 10, 2023

MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).

Key Points: 
  • MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).
  • The agreement was exchanged between Saif Humaid Al Dhaheri, Assistant Governor – Strategy, Financial Infrastructure and Digital Transformation at CBUAE and Chairman of AEP, and Dilip Asbe, Managing Director and Chief Executive Officer of NPCI, representing NPCI International Payments Limited.
  • Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL), said, "We are pleased to announce our collaboration with the Central Bank of the UAE and Al Etihad Payments.
  • Together, we will work on building, implementing, and operationalising the UAE's National Domestic Card Scheme.

NPCI International enters into strategic partnership with Al Etihad Payments to develop UAE's Domestic Card Scheme

Retrieved on: 
Tuesday, October 10, 2023

MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).

Key Points: 
  • MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).
  • The agreement was exchanged between Saif Humaid Al Dhaheri, Assistant Governor – Strategy, Financial Infrastructure and Digital Transformation at CBUAE and Chairman of AEP, and Dilip Asbe, Managing Director and Chief Executive Officer of NPCI, representing NPCI International Payments Limited.
  • Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL), said, "We are pleased to announce our collaboration with the Central Bank of the UAE and Al Etihad Payments.
  • Together, we will work on building, implementing, and operationalising the UAE's National Domestic Card Scheme.

JCB partners with NPCI to offer 40% cashback for RuPay JCB Cardholders for in-store purchases in Thailand, Singapore and Bahrain

Retrieved on: 
Thursday, December 29, 2022

JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.

Key Points: 
  • JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.
  • During the offer period, customers using a RuPay JCB Card will receive a 40% cashback on purchases made at retail stores in Thailand, Singapore, and Bahrain.
  • Kunal Kalawatia, Chief of Products, NPCI said, "We are happy to announce the second phase of our cashback offer scheme for all RuPay JCB Credit and Debit Cardholders.
  • Therefore, we have attempted to synchronize the appropriate locations with the opportune time in introducing the continuation of our cashback offer scheme for RuPay JCB Cardholders.

NPCI and Fiserv Enable nFiNi- RuPay Credit Card Stack for Fintechs and Banks

Retrieved on: 
Wednesday, September 8, 2021

As just over 2% of the population in India has access to credit cards, this initiative has the potential to boost credit inclusion and drive economies of scale for fintechs and banks.

Key Points: 
  • As just over 2% of the population in India has access to credit cards, this initiative has the potential to boost credit inclusion and drive economies of scale for fintechs and banks.
  • We are glad to collaborate with Fiserv for the launch of the innovative RuPay credit card stack for fintechs and banks, said Nalin Bansal, Chief of Corporate Relationships & Fintechs at NPCI.
  • The program will add variety to the services offered by new-age fintechs and banks, especially for the issuance of credit cards.
  • Bringing together the popular RuPay card scheme from NPCI and innovation-focused global payments technology from Fiserv, in combination with local market expertise, will enable a transformative experience for fintechs, banks, and their customers.

NPCI introduces UPI AutoPay facility for recurring payment

Retrieved on: 
Wednesday, July 22, 2020

2000, customers have to execute every mandate with UPI PIN

Key Points: 
  • 2000, customers have to execute every mandate with UPI PIN
    - Customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds and loan payments, paying for transit/metro payments among others
    - The facility to provide millions of UPI users convenience, safety while making recurring payments
    MUMBAI, India, July 22, 2020 /PRNewswire/ -- Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments.
  • Rajnish Kumar, Chairman, SBIsaid,"We are glad to witness the launch of UPI AutoPay facility at this momentous event.
  • Dilip Asbe, MD & CEO, NPCI said, "The launch of UPI AutoPay is a step ahead in India's journey towards digitization.
  • The UPI AutoPay offering would provide millions of UPI user's convenience and safety while making recurring payments.

NPCI introduces UPI AutoPay facility for recurring payment

Retrieved on: 
Wednesday, July 22, 2020

MUMBAI, India, July 22, 2020 /PRNewswire/ -- Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments.

Key Points: 
  • MUMBAI, India, July 22, 2020 /PRNewswire/ -- Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments.
  • Rajnish Kumar, Chairman, SBIsaid,"We are glad to witness the launch of UPI AutoPay facility at this momentous event.
  • Dilip Asbe, MD & CEO, NPCI said, "The launch of UPI AutoPay is a step ahead in India's journey towards digitization.
  • The UPI AutoPay offering would provide millions of UPI user's convenience and safety while making recurring payments.