NPCI Inks Pact With Namibian Central Bank For UPI Adoption

The NPCI has signed a licensing agreement with the Namibian central bank to develop a real-time payments system like UPI

This comes after NPCI’s international arm signed an agreement with the Bank of Namibia to develop a digital payments system over a year ago

To further increase UPI transactions in India, the NPCI is also working on an IoT version which will allow users to make UPI payments via smart devices

The National Payments Corporation of India (NPCI) has…