Mumbai: National Payments Corporation of India (NPCI), the umbrella organization for all retail payments system in the country brings together executives of banking fraternity to demonstrate NPCI’s cutting-edge services to benefit end-consumers.
54 Banks, comprising of 26 Public Sector Banks, 19 Private Banks and 10 Foreign Banks are slated to partake in the enriching drives over next two months, of which, 30 banks have successfully concluded the conferences. FINSPIRE themed training campaigns are primarily directed on familiarizing technologically advanced, cost-effective and customer friendly products of NPCI like RuPay – India’s own payment instrument, IMPS - Immediate Payment Service and NUUP *99# National Unified USSD Platform (NUUP) which provides access to banking services with a single number across all banks.
NPCI representatives will also demonstrate offerings and functionalities of National Automated Clearing House that serves as a one-stop-solution for all payment and collection requirements, National Financial Switch which provides interoperable network to ATMs, RuPay e-Commerce etc.
“NPCI has been at the forefront to empower patrons with comprehensive payment services. By organizing such campaigns, we aspire to build appropriate awareness among our stakeholders so as to encourage customers to perform digital payments and create a less-cash society.” said A P Hota, Managing Director & CEO, NPCI.
The number of RuPay card issuance has grown to over 200 million. NPCI has launched RuPay Platinum Debit Card that comes with various offers and is issued by more than 18 banks.