Banks and financial institutions in India are poised to leverage the benefits of technology, and mobile devices, to increase their presence in under-banked sectors in India, without needing brick and mortar structures.
Tag: UPI
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We envisage a barrier-free tolling system
NPCI falls into the category of financial market infrastructure. Our infrastructure is not visible to the naked eye. The financial market infrastructure, however, is huge. Within this, NPCI plays the role of a payments utility. We are like a utility to the banks wherein we facilitate over 25 million payments transactions daily.