National Payments Corporation of India (NPCI) Current Affairs, GK & News

NPCI launches NTS platform for Card Tokenisation

National Payments Corporation of India (NPCI) announced for the launch of NPCI Tokenization system (NTS) on October 20, 2021 in order to provide support to the tokenisation of cards as an alternate for storing card details with merchants. Key Facts The NTS will support the tokenisation of RuPay cards in order to further enhance the ..

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UPI: 3.55 billion transactions in August

The Unified Payments Interface (UPI) by National Payments Corporation of India (NPCI) recorded more than 3 billion transactions in August 2021. Highlights More than 3 billion transactions were recorded for the second consecutive month in a row. This indicates the increasing trend of adoption of digital payments by consumers amid the Covid-19 pandemic. UPI recorded ..

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NPCI extends BHIM UPI to Bhutan

Bhutan has become first country to adopt Unified Payment Interface (UPI) standards of India for its quick response (QR) code. Key Points Bhutan after Singapore has become the second country to have BHIM-UPI acceptance at merchant locations. International wing of the National Payment Corporation of India (NPCI) called NPCI International Payments Ltd. (NIPL) announced partnership ..

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CBSE-NPCI launches Financial literacy curriculum for students

Central Board of Secondary Education (CBSE) and National Payments Corporation of India (NPCI) have partnered to introduce a financial literacy curriculum for students of Class VI. Financial Literacy Textbook It was launched as part of new elective ‘financial literacy’ subject which will enable students to understand basic financial concepts at preliminary stage of their education. ..

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NPCI launches “UPI-Help”

The umbrella entity of the digital payments in India called “National Payments Corporation of India (NPCI)” has launched the “UPI-Help” on the BHIM UPI Application. UPI-Help will act as the grievance redressal mechanism on the BHIM application for the users. Highlights The application will help the users to check the status of pending transactions and ..

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