National Payments Corporation of India
Umbrella organisation for operating retail payments and settlement systems in India / From Wikipedia, the free encyclopedia
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The National Payments Corporation of India is an organization that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.[6][7]
Quick Facts Company type, Industry ...
Company type | Section 8 |
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Industry | Payments |
Founded | 2008; 16 years ago (2008) |
Headquarters | Mumbai, Maharashtra, India[1] |
Key people | |
Products |
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Owner | Reserve Bank of India, Ministry of Finance, Government of India |
Number of employees | 1001+ |
Subsidiaries | NIPL[5] |
Website | www |
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