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Reserve Bank of India, after setting up of the Board for Payment and Settlement Systems in 2005, released a vision document incorporating a proposal to set up an umbrella institution for all the RETAIL PAYMENT SYSTEMS in the country
Website : http://www.npci.org.in
National Payments Corporation of India Registered Office
National Payments Corporation of India
C-9,8th Floor ,RBI Premises
Bandra-Kurla Complex,
Bandra (East)
Mumbai-400 051
Phone-022-26573150
Fax 022-26571001
email :-contact@npci.org.in
Section 8 Company Industry Finance Founded 2008 Headquarters Mumbai, Maharashtra, India ,AP Hota, managing director & CEO Products National Financial Switch (NFS), Immediate Payment Service (IMPS), RuPay, Cheque Truncation System (CTS), Aadhaar Enabled Payment System (AEPS), ACH
National Payments Corporation of India Chennai Office
National Payments Corporation of India
8th Level, VBC Solitaire
47 & 49 Bazullah Road, T. Nagar,
Chennai - 600 017
Phone-044 -28160700
Fax044 -28152815
email :-contact@npci.org.in
National Payments Corporation of India Goregaon Office (Mumbai)
National Payments Corporation of India
13th Floor, R- Tech 2, South Side,
Nirlon Knowledge Park,
Off Western Express Highway, Goregaon(E),
Mumbai-400063
Phone- 022 40508500
Fax - 022 40508650
email :- contact@npci.org.in
Reserve Bank of India, after setting up of the Board for Payment and Settlement Systems in 2005, released a vision document incorporating a proposal to set up an umbrella institution for all the RETAIL PAYMENT SYSTEMS in the country. The core objective was to consolidate and integrate the multiple systems with varying service levels into nation-wide uniform and standard business process for all retail payment systems. The other objective was to facilitate an affordable payment mechanism to benefit the common man across the country and help financial inclusion.
IBA's untiring efforts during the last few years helped turning this vision a reality. National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in April 2009. It has been incorporated as a Section 25 company under Companies Act and is aimed to operate for the benefit of all the member banks and their customers. The authorized capital has been pegged at Rs 300 crore and paid up capital is Rs 100 crore so that the company can create infrastructure of large dimension and operate on high volume resulting payment services at fraction of the present cost structure
Reserve Bank of India, after setting up of the Board for Payment and Settlement Systems in 2005, released a vision document incorporating a proposal to set up an umbrella institution for all the RETAIL PAYMENT SYSTEMS in the country
Website : http://www.npci.org.in
National Payments Corporation of India Registered Office
National Payments Corporation of India
C-9,8th Floor ,RBI Premises
Bandra-Kurla Complex,
Bandra (East)
Mumbai-400 051
Phone-022-26573150
Fax 022-26571001
email :-contact@npci.org.in
Section 8 Company Industry Finance Founded 2008 Headquarters Mumbai, Maharashtra, India ,AP Hota, managing director & CEO Products National Financial Switch (NFS), Immediate Payment Service (IMPS), RuPay, Cheque Truncation System (CTS), Aadhaar Enabled Payment System (AEPS), ACH
National Payments Corporation of India Chennai Office
National Payments Corporation of India
8th Level, VBC Solitaire
47 & 49 Bazullah Road, T. Nagar,
Chennai - 600 017
Phone-044 -28160700
Fax044 -28152815
email :-contact@npci.org.in
National Payments Corporation of India Goregaon Office (Mumbai)
National Payments Corporation of India
13th Floor, R- Tech 2, South Side,
Nirlon Knowledge Park,
Off Western Express Highway, Goregaon(E),
Mumbai-400063
Phone- 022 40508500
Fax - 022 40508650
email :- contact@npci.org.in
Reserve Bank of India, after setting up of the Board for Payment and Settlement Systems in 2005, released a vision document incorporating a proposal to set up an umbrella institution for all the RETAIL PAYMENT SYSTEMS in the country. The core objective was to consolidate and integrate the multiple systems with varying service levels into nation-wide uniform and standard business process for all retail payment systems. The other objective was to facilitate an affordable payment mechanism to benefit the common man across the country and help financial inclusion.
IBA's untiring efforts during the last few years helped turning this vision a reality. National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in April 2009. It has been incorporated as a Section 25 company under Companies Act and is aimed to operate for the benefit of all the member banks and their customers. The authorized capital has been pegged at Rs 300 crore and paid up capital is Rs 100 crore so that the company can create infrastructure of large dimension and operate on high volume resulting payment services at fraction of the present cost structure
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