A cooperation between NPCI International Payments Ltd (NIPL) and European payment services provider Worldline, will soon enable Indians to make payments through UPI (United Payments Interface) across Europe. The National Payments Corporation of India’s global arm is called NIPL (NPCI).
According to a Tuesday joint press release, the alliance between NIPL and Worldline aims to increase the adoption of Indian payment methods throughout Europe.
By enabling merchant point-of-sale (POS) systems to accept payments from both RuPay, NPCI’s proprietary card payment network solution, and UPI, an instant real-time payment system, Worldline will increase convenience for Indian customers in the European markets.
As a result of an increase in foot traffic and expenditure from Indian tourists, this will result in a variety of customer-related business benefits. Indian clients currently use international card networks to make payments. However, one mobile application from the highly well-liked United Payments Interface enables access to various bank accounts. This will ultimately improve customer experience while providing new business opportunities for retailers.