Which of the following is not a payment product of

Solution

NPCI was set up, with guidance and support of RBI and the Indian Banks' Association(IBA), as an umbrella organization for retail payments system in India.NPCI has rolled out a variety of innovative retail payment products viz., IMPS, RuPay card scheme, UPI, NACH, Aadhaar-enabled Payments System (AePS), Aadhaar Payments Bridge System (APBS), NETC, *99# (USSD based) and BBPS, etc. The RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) payment systems directly fall under RBI.