NPCI launched ‘NPCI International Payments Limited’, its subsidiary firm; appointed Ritesh Shukla as its CEO

National Payments Corporation of India (NPCI) has launched a wholly-owned subsidiary, NPCI International Payments Limited (NIPL) to expand (or export to foreign markets) NPCI’s indigenously developed offerings and technological acumen, i.e. real-time payment system, Unified Payments Interface (UPI) and card payment network, RuPay along with a few more offerings of NPCI. NPCI has appointed Ritesh Shukla as Chief Executive Officer(CEO) of NIPL.

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