Wednesday, October 28, 2020

NPCI looking to port UPI success to the rest of Asia

The National Payments Corporation of India (NPCI), which successfully developed the Unified Payments Interface, is eyeing export opportunities to build retail payment railroads in Asian countries, amid growing interest world over in digital payments.

NPCI’s recently set-up subsidiary NPCI International (NIPL) and Kansas-based fintech company Euronet have jointly submitted a bid to the Central Bank of Myanmar (CBM) to build the South Asian nation’s proposed Real-Time Retail Payments S ystem and QR-code Generation and Repository System, two people aware of the talks told ET.



Submitted October 29, 2020 at 09:42AM by nasirbobby https://ift.tt/2G6ts6u via TikTokTikk

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