NPCI Launches Subsidiary to Take UPI, RuPay, to Global Markets
NPCI Launches Subsidiary to Take UPI, RuPay, to Global Markets The National Payments Corporation of India (NPCI) has created a new subsidiary to expand its business beyond India. Called theNPCI International Payments Limited(NIPL), the newly-formed entity will facilitate and co-create payment technologies with other countries, as well as help popularize Indian payments technologies, such asUPIandRuPay, abroad. According to a press release, NIPL will be responsible for exporting NPCI’s“indigenously developed offerings and technological acumen”to foreign markets....