NPCI - National Payments Corporation of India
By MYBRANDBOOK
NPCI is an umbrella organization for operating retail payments and settlement systems in India
Head of the organization – Dilip Asbe- MD & CEO
NPCI operates various retail payments and settlement systems that facilitate electronic transactions across different payment channels. Some of its prominent systems include the Unified Payments Interface (UPI), Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT), and RuPay Card.
NPCI developed and manages the Unified Payments Interface (UPI), a real-time payment system that enables users to transfer funds instantly between bank accounts using their mobile phones. UPI has gained widespread adoption in India due to its simplicity, convenience, and interoperability across banks.
Key Priorities: NPCI is at the forefront of digital payments innovation in India. It introduces new payment products, features, and services to address evolving consumer needs and market trends. Its focus on innovation has contributed to the rapid growth of digital payments in the country.
Website - www.npci.org.in
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