NPCI International partners with Bank of Namibia for deploying India's UPI Stack in Namibia
Mumbai, May 2 -- NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia.
This collaboration marks a strategic leap towards strengthening Namibia's financial infrastructure and fostering inclusive economic growth. By leveraging technology and experiences from India's UPI, the partnership seeks to help Namibia modernize its financial ecosystem. This includes improving accessibility, affordability, connectivity with both domestic and international payment networks, and interoperability, according to a media statement here ...
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