Question

Whom did NPCI International Payments partner with to facilitate global e-commerce payments through UPI?

A PayPal Correct Answer Incorrect Answer
B PPRO Correct Answer Incorrect Answer
C Stripe Correct Answer Incorrect Answer
D Wirecard Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

  NPCI International Payments, a wholly-owned subsidiary of National Payments Corporation of India (NPCI), entered into partnership with digital payments infrastructure provider PPRO to facilitate global e-commerce payments through UPI.        The agreement is aimed at expanding RuPay card and UPI acceptance across global clients such as payment service providers (PSPs) and global merchant acquirers.   It will drive NPCI International’s expansion into foreign markets and will add India to PPRO’s Local Payment Method (LPM) coverage map. It will also allow global PSPs, banks, payment gateways and enterprises with payment platforms to expand globally giving international e-commerce merchants access to Indian consumers.

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