National Payments Corporation of India

National Payments Corporation of India
Company typeSection 8
IndustryPayments
Founded19 December 2008 (2008-12-19)
HeadquartersMumbai, Maharashtra, India
Key people
  • Ajay Kumar Choudhary
    (Non-Exe Chairman)
  • Dilip Asbe
    (MD & CEO)
Products
OwnerReserve Bank of India, Central Bank of Republic of India
Websitenpci.org.in

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