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