Press background on National Payments Corporation of India (NPCI)
Company profile
National Payments Corporation of India (NPCI) is the umbrella organization for all retail payment systems in India, set up with the support and guidance from the Reserve Bank of India and Indian Banks’ Association. NPCI, a ‘not-for-profit’ Company envisioned by Reserve Bank of India and created by the banking industry with public sector characteristics, has since completed several payments system projects including ATM switching, RuPay debit card system, Cheque Truncation System, PoS switching, 24x7 remittance system - IMPS, Aadhaar based Payments.
National Payments Corporation of India (NPCI) is pleased to announce that 100 banks have joined the National Financial Switch (NFS) network as direct members.As on December 07, 2016, NFS network comprise of 745 members which include 100 direct members, 645 sub-members including Regional Rural Banks... (more)
Dec 07, 2016 15:36 IST
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI), the umbrella organization for all retail payment system in the country has initiated a first-of-its-kind ‘e-Payments Literacy Workshop’ pan India on the occasion of World Literacy Day. The nationwide event was simultaneously hosted by NPCI ... (more)
Sep 08, 2015 13:30 IST
National Payments Corporation of India (NPCI)
Shri. Balachandran M. has been re-appointed as the Non-Executive Chairman of NPCI for a further period of two years. He had taken charge as Non-Executive Chairman two years back on resignation of our former Chairman, Shri. N R Narayana Murthy. Shri Balachandran M. served as Chairman & Man... (more)
Aug 28, 2015 12:19 IST
National Payments Corporation of India (NPCI)
RS Software (India) Ltd. (BSE: 517447; NSE: RSSOFTWARE), the leading vertically integrated technology solution provider to the global digital payments industry; has been awarded a contract from the National Payments Corporation of India (NPCI) to build the Digital Payments Enablement Platform. This... (more)
Jul 23, 2015 17:05 IST
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI), an organization established by the Reserve Bank of India and being an umbrella for all India’s payments system, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., announced today that both parties en... (more)
Jun 29, 2015 17:08 IST
National Payments Corporation of India (NPCI)
Adding to its bouquet of customer centric initiatives, Bank of Baroda in association with National Payments Corporation of India (NPCI) has launched three new products RuPay Platinum Debit Card, Card to Card Fund Transfer and IMPS for RRBs. The program was graced by Shri Ranjan Dhawan, Managing Dir... (more)
Jun 05, 2015 16:52 IST
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI), the umbrella organization for all retail payments system in the country, brings together CEOs and senior executives of national payment systems of 17 countries at the two-day “International conference on National Payment Systems” in Mumbai ... (more)
May 21, 2015 16:00 IST
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI), the umbrella organization for all retail payments system in the country, has enabled all 56 regional rural banks (RRBs) in the country under its central payment systems network with RuPay cards and access to NACH (National Automated Clearing House) ser... (more)
Mar 31, 2015 11:34 IST
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI), the umbrella organization for all retail payment system in India, has taken up a new initiative of implementing “Unified Payment Interface” to simplify and provide a single interface across all systems. The new interface is designed to enab... (more)
Feb 18, 2015 14:32 IST
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI), the umbrella organization for all retail payments in India, has released a document containing the technical specifications that the corporates, merchants, banks and other institutional players can adopt to send and receive in an inter-operable way. Th... (more)
Feb 05, 2015 19:24 IST
National Payments Corporation of India (NPCI)
