National Payments Corporation of India (NPCI)

The National Payments Corporation of India (NPCI) is an organization that develops and manages digital payment systems in India. It creates and maintains innovative payment platforms like UPI (Unified Payments Interface), enabling people to transfer money instantly via smartphones. NPCI’s role is to promote secure, efficient, and accessible electronic transactions across the country, fostering a cashless economy. It works with banks and financial institutions to ensure seamless payment services for individuals, businesses, and government entities, making digital payments convenient and reliable for all users.