RuPay in Europe: Worldline and NPCI join hands to expand UPI and RuPay services, know the plan


Posted on 12th Oct 2022 04:04 pm by rohit kumar

Global payment service provider Worldline has joined hands with NPCI International Payments to expand the acceptance of Indian payment instruments across Europe. NPCI International Payments is the international arm of the National Payments Corporation of India (NPCI) - which operates digital payments in India.

 

Under this partnership, Worldline will provide more convenience for Indian customers in European markets by allowing merchant point-of-sale (POS) systems to accept payments via UPI. Along with this, the facility of RuPay, which is a card service owned by NPCI, will also be made available. A joint statement in this regard was issued by both institutions on Tuesday.

 

It is believed that considering the increase in the number of Indian tourists and expenditure in European countries, this partnership will bring a lot of benefits to the merchants concerned with the customers. Presently Indian customers have to pay through an international card network.

 

The hugely popular UPI allows access to multiple bank accounts through a single mobile application, the service will enhance the customer experience while opening up new business possibilities for the merchants, said a joint statement by Worldline and NPCI.

 

"Our partnership with NPCI International seeks to minimize the risk of preventing or limiting Indian customers from using secure electronic payments in the EU," Worldline Deputy CEO Mark Henry Desports said in a statement.

 

Let us inform you that 38.74 billion transactions have been registered on NPCI's UPI platform so far. An amount of about US$ 954.58 billion has been transacted through this. This makes it the best-performing real-time payments ecosystem in the world. Similarly, 714 million RuPay cards have been issued so far, with over 1.3 billion transactions.

 

We believe this partnership will empower Indian consumers to continue using their preferred payment mode as they travel across Europe, Ritesh Shukla, CEO, of NPCI International Payments said in a statement.

 

Also Read: Supreme Court: Supreme Court pulls up the Rajasthan government regarding Covid compensation

1 Like 0 Dislike
Previous news Next news
Other news

Assassination of former Chief Justice of High Court in Pakistan: Terrorists shoot outside mosque in Balochistan; 42 terrorist attacks in a month

The former Chief Justice of the High Court was shot dead in the Balochistan province of Pakistan.

Maharashtra: Opposition took a jibe at the CM's name not being finalized even after 11 days, said- a game of cat and mouse is going on

Mahayuti got a great victory in the Maharashtra assembly elections. However, even after more than

Saif Ali Khan: Lawyers clashed in the court to defend Saif's attacker; Magistrate mediated as referee

During the hearing of the accused of the attack on Saif Ali Khan in Bandra court, some strange sc

Delhi NCR Weather: Strong entry of monsoon, heavy rains in Delhi NCR, roads become ponds; traffic jam

Today's Weather Delhi NCR Rain News: There is news of rain in many areas of Delhi since this morn

Apple WWDC 2023: Apple's new explosion Vision Pro, the world's thinnest 15-inch MacBook Air also launched

The wait for Apple's annual event is over. The company's CEO Tim Cook has formally started it. Th

Abhishek Bachchan: National Award-winning actress said- Abhishek did the best role, know who this artist is

The film I Want to Talk may not be doing well at the box office, but Abhishek's acting as an acto

Pakistan: Imran Khan's close and former Home Minister Sheikh Rashid arrested, TV anchor Imran Riaz also in custody

Sheikh Rashid Arrested Sheikh Rashid, a close aide of Pakistan's former PM Imran Khan and former

Captain Miller Trailer: Dhanush's 'Captain Miller' is full of high-voltage action, The actor's swag seen in the trailer

Captain Miller Trailer Released: Dhanush is an actor of South cinema, who is known for his explos

AirIndia Express: Passengers angry due to cancellation of flights in Kerala, some were afraid of losing their jobs and some had to go to the hospital.

Passengers are angry over the last-minute cancellation of Air India Express flights. On Wednesday

NEET-UG Row: When Rahul called the examination system rubbish, the Education Minister reminded him of history; Read the heated exchange

There was a lot of uproar in the Lok Sabha during the monsoon session on the NEET paper leak issu

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash