NPCI Inks Pact With Namibian Central Bank For UPI Adoption

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SUMMARY

The NPCI has signed a licensing agreement with the Namibian central bank to develop a real-time payments system like UPI

This comes after NPCI’s international arm signed an agreement with the Bank of Namibia to develop a digital payments system over a year ago

To further increase UPI transactions in India, the NPCI is also working on an IoT version which will allow users to make UPI payments via smart devices

The National Payments Corporation of India (NPCI) has…



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NPCI Inks Pact With Namibian Central Bank For UPI Adoption


SUMMARY

The NPCI has signed a licensing agreement with the Namibian central bank to develop a real-time payments system like UPI

This comes after NPCI’s international arm signed an agreement with the Bank of Namibia to develop a digital payments system over a year ago

To further increase UPI transactions in India, the NPCI is also working on an IoT version which will allow users to make UPI payments via smart devices

The National Payments Corporation of India (NPCI) has…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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