National Payments Corporation of India

The National Payments Corporation of India is an organization that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.

NPCI
Company typeSection 8
IndustryPayments
Founded2008 (2008)
HeadquartersMumbai, Maharashtra, India
Key people
  • Biswamohan Mahapatra
    (Non-Exe Chairman)
  • Dilip Asbe
    (MD & CEO)
Products
OwnerReserve Bank of India, Ministry of Finance, Government of India
Number of employees
1001+
SubsidiariesNIPL
Websitewww.npci.org.in
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