NATIONAL PAYMENTS CORPORATION OF INDIA (NPCI)

Dec. 27, 2019

National Payments Corporation of India (NPCI) said that customers can recharge FASTags through any BHIM UPI enabled mobile app.

About:

  • NPCI is an umbrella organisation for operating retail payments and settlement systems in India.

  • The corporation's current and future service portfolio includes: National Financial Switch (NFS), Immediate Payment Service (IMPS), RuPay, National Common Mobility Card, Aadhaar Enabled Payment System (AePS), Unified Payments Interface (UPI), BHIM, Bharat Bill Payment System etc.

  • Established in: 2008. 

  • Established by: Reserve Bank of India & Indian Banks' Association (IBA).

  • Type: A not-for-profit organisation registered under section 8 of the Companies Act 2013. 

  • Headquarters: Mumbai. 

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