National Payments Corporation of India

NPCI
Company typeSection 8
IndustryPayments
Founded19 December 2008; 15 years ago (2008-12-19)
HeadquartersMumbai, Maharashtra, India[1]
Key people
  • Ajay Kumar Chaudhary
    (Non-Exe Chairman)[2]
  • Dilip Asbe
    (MD & CEO)[3][4]
Products
OwnerReserve Bank of India, Ministry of Finance, Government of India
Number of employees
1001+
SubsidiariesNIPL[5]
Websitewww.npci.org.in

National Payments Corporation of India (NPCI) is an Indian public sector company 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 and settlement infrastructure in India.[6][7]

  1. ^ "National Payments Corporation of India". Npci.org.in. Archived from the original on 5 December 2018. Retrieved 16 March 2011.
  2. ^ "Board of Directors". NPCI. Archived from the original on 28 April 2021. Retrieved 4 April 2021.
  3. ^ "Management Team". NPCI. Archived from the original on 11 January 2022. Retrieved 11 January 2022.
  4. ^ "Mobile money transfer fee cut to 10p". The Indian Express. 15 March 2011. Archived from the original on 10 April 2011. Retrieved 16 March 2011.
  5. ^ "NPCI International". www.npci.org.in. Archived from the original on 4 November 2020. Retrieved 31 October 2020.
  6. ^ "About NPCI - Enabling digital payments in India | NPCI". Archived from the original on 29 October 2020. Retrieved 1 November 2020.
  7. ^ "About NPCI - Enabling digital payments in India | NPCI". www.npci.org.in. Archived from the original on 29 October 2020. Retrieved 1 November 2020.