India to Build Digital Payments System for Trinidad and Tobago

  • Sep, Sun, 2024


The NPCI, a quasi-regulator under the central bank, is a public non-profit organisation that oversees India’s retail payment systems, including UPI, the country’s most popular mode of digital payments.

Earlier in the year, NIPL had agreed to develop digital payments systems for Peru and Namibia, using UPI as a blueprint.

The NPIL, carved out of the NPCI to promote the adoption of India’s payment systems overseas, is also in talks with African and South American countries to help them build payments systems, Reuters reported earlier this week.

(Reporting by Jaspreet Kalra; Editing by Savio D’Souza)



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