Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news

Breaking-Finance.Com - The National Payments Corporation of India (NPCI) has set up an international subsidiary to sell the technology behind its RuPay network and Unified Payments Interface (UPI) to other countries

Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news

Breaking-Finance.Com - The National Payments Corporation of India (NPCI) has set up an international subsidiary to sell the technology behind its RuPay network and Unified Payments Interface (UPI) to other countries

Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news
21 August 2020 - 12:45

Breaking-Finance.Com - The National Payments Corporation of India (NPCI) has set up an international subsidiary to sell the technology behind its RuPay network and Unified Payments Interface (UPI) to other countries The NPCI says several countries have "displayed an inclination" to build real-time payment systems and domestic card schemes inspired by the UPI and RuPay.In response, NPCI International Payments Limited (NIPL) has been set up, led by former Mastercard and Visa exec Ritesh Shukla, who is charged with developing a business strategy to make money by deploying NPCI’s technology in international markets.

.Dilip Asbe, CEO, NPCI, says: "We are glad to launch our subsidiary - NIPL to take our unique payment system to global markets. It is also a matter of pride for NPCI that several countries such as Asia, Africa and the Middle East have displayed interest towards replicating our model in their own nations."

Source = Breaking-Finance.Com

Financial breaking news

This news 47 hits received.

Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news


Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news


Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news


Finance Breaking news India's NPCI launches unit to take UPI and RuPay global last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Fujitsu, JCB and Mizuho to test digital identity interoperability last financial news
Finance Breaking news Fujitsu, JCB and Mizuho to test digital...
Finance Breaking news Citi launches 'True Name' cards last financial news
Finance Breaking news Citi launches 'True Name' cards...