BlogGlossaryNPCI (National Payments Corporation of India)

NPCI (National Payments Corporation of India)

byPaytm Editorial TeamLast Updated: July 11, 2025

Introduction

NPCI is the core organization that manages India’s retail digital payment systems, including UPI, RuPay, IMPS, and more.

Definition

The full form of NPCI is National Payments Corporation of India. It is a not-for-profit company established by RBI and IBA to develop secure, accessible payment systems.

How It Works

NPCI acts as the technical and operational body behind platforms like UPI, BHIM, and RuPay. It creates the rules and infrastructure for smooth and secure transactions.

Benefits

Ensures interoperability in digital payments
Promotes innovation in fintech
Enables 24×7 payment systems across banks

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.