Monday, January 24, 2022

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NPCI: Taps PPRO for global payments growth

NPCI: Taps PPRO for global payments growth

  • NPCI is an umbrella organization for all retail payment systems in India. It was set up with support & guidance from the Reserve Bank of India
  • Signed a memorandum of understanding (MOU) to partner together to expand and empower international growth
  • The agreement aims at expanding RuPay card and UPI acceptance across PPRO’s global clients such as PSPs
  • This partnership will drive continued expansion into foreign markets and will add India to PPRO’s LPM coverage map
  • The intended collaboration between PPRO will empower the payment service
    providers, banks, gateways
  • RuPay is the first-of-its-kind Global Card payment network from India with over 635 million cards issued to date
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