Both the institutions will collaborate to accelerate creation of less-cash economy in the country through RuPay, Immediate Payment Service (IMPS), Aadhaar-Enabled Payment System (AEPS) and Unified Payments Interface (UPI)
National Payments Corporation of India (NPCI) and financial inclusion consulting firm, MicroSave, has signed a pact to support Jan Dhan Yojana and to boost digital transactions. Both the institutions will collaborate to accelerate creation of less-cash economy in the country through RuPay, Immediate Payment Service (IMPS), Aadhaar-Enabled Payment System (AEPS) and Unified Payments Interface (UPI), a press released issued said. NPCI will be working with commercial banks and will be supported by MicroSave in this programme.
MicroSave is an international financial inclusion consulting firm with about 20 years of experience, operating in eleven offices across Asia and Africa. The firm partners with participants in financial services ecosystems to achieve sustainable performance improvements and unlock enduring value.