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BENGALURU: At India Blockchain Week in Bengaluru on Monday, Rahul Sanskrityayan, Specialist Consultant for Blockchain at NPCI, said the Reserve Bank of India’s programmable central bank digital currency (CBDC) is already live with participating banks and is being used by the government for targeted subsidy transfers.Sanskrityayan said programmable CBDC allows funds to be restricted for…
Banking Connect- the newly launched net-banking platform built by NPCI Bharat BillPay (NBBL) – will enable the Reserve Bank of India (RBI) to monitor fund transfers in shorter-lag, a senior official said on Thursday.NBBL is aiming for a fourfold jump in monthly bill-payment volumes to 1 billion transactions in four years, up from the current…
Mumbai: NPCI International Payments (NIPL), the overseas arm of NPCI, has signed an MoU with NTT Data Japan to enable UPI acceptance across merchant locations in Japan. The partnership aims to simplify digital payments for Indian tourists and deepen cross-border payment collaboration between India and Japan. TNN Source link
MUMBAI: NPCI International Payments (NIPL), the overseas arm of NPCI, has signed an MoU with NTT DATA Japan to enable UPI acceptance across merchant locations in Japan. The partnership aims to simplify digital payments for Indian tourists and deepen cross-border payment collaboration between India and Japan.NTT DATA Japan operates CAFIS, the country’s largest card payment…
Visiting Japan for your next vacation but concerned about managing payments?Worry no more!Indian tourists visiting Japan may soon be able to pay using the Unified Payments Interface (UPI), after NPCI International Payments Ltd (NIPL), the global arm of the National Payments Corporation of India (NPCI), signed a deal with Japan’s NTT DATA on Tuesday.Under the…
The National Payments Corporation of India (NPCI) is focusing on expanding credit products on the Unified Payments Interface (UPI) network, aiming to drive the next phase of growth in India’s retail digital payments.After RuPay credit cards and credit lines on UPI, the next major feature will allow consumers to convert UPI payments into EMIs.Sources familiar…
