RuPay accounts for 16% of credit card spending, with half driven by UPI: NPCI's Dilip AsbeIn January, UPI processed 16.9 billion transactions, amounting to a transaction value of Rs 23.48 lakh crore. However, Visa and Mastercard ...
28 Feb, 2025, 10.48 PM IST
NPCI to build 5 lakh sq ft HQ in Mumbai's BKCThe National Payments Corporation of India plans to build a 5 lakh sq ft office space in Bandra Kurla Complex, accommodating 5,000 employee...
28 Feb, 2025, 04.49 PM IST
NPCI to set up 5,000-person R&D centre, establish global headquarters in MumbaiAt a Mumbai tech week event on Friday, CEO Dilip Asbe revealed that the company is building an R&D and experience centre with a capacity of...
28 Feb, 2025, 02.42 PM IST
India at the cusp of a digital payments revolution: NPCI head Dilip AsbeUPI has 450 million users, with approximately 200 million active daily users, according to the Managing Director and CEO of the National Pa...
17 Jan, 2025, 06.46 PM IST
UPI payment failures due to technical issues fall below 1%Technical glitches on India's UPI platform have significantly reduced. UPI, the mobile-based payments system, has seen a sharp decline in t...
20 Nov, 2024, 12.16 AM IST
Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip AsbeNPCI chief Dilip Asbe emphasized the importance of compliance for long-term success in the fintech space. He discussed recent regulatory ac...
23 Feb, 2024, 10.23 PM IST
Programmable, offline CBDC to drive next fintech wave, says NPCI MDDuring the monetary policy meeting on February 8, RBI governor Shaktikanta Das proposed new use cases to incorporate programmability and of...
18 Feb, 2024, 08.57 PM IST
UPI has potential to reach billions of transactions every day by 2030: NPCI CEO Dilip AsbeSpeaking at the Global Fintech Festival 2023 in Mumbai, Asbe also highlighted that NPCI is likely to have payment infrastructure in 50% of ...
06 Sep, 2023, 12.35 AM IST
India has potential to clock 100 billion UPI transactions a month: NPCI CEO Dilip AsbeDilip Asbe, chief executive officer and managing director of NPCI, said there are 350 million UPI users at present and pegged the growth op...
05 Sep, 2023, 02.48 PM IST
There has to be a governance layer if you operate in financial services sector: NPCI chief Dilip AsbeThe NPCI chief, who was in conversation with Pine Labs chief executive Amrish Rau, said currently there is still room for digital payments ...
02 Mar, 2023, 11.54 PM IST
Scan QR code to pay with RuPay credit cards soonNational Payments Corporation of India (NPCI) is in talks with banks to facilitate RuPay credit card transactions on the QR code acceptance...
25 Jul, 2022, 09.29 AM IST
India looking forward to leverage digital payments stack; in talks with regulators globally: NPCI"We are reaching out to many countries and we have reached out to as many as 50-60 regulators of other countries' governments through the I...
03 Dec, 2021, 02.16 PM IST
NPCI launches international arm to take UPI, RuPay to other countriesDilip Asbe, MD of NPCI, said in a statement on Wednesday that “several countries” in Asia, Africa and the Middle East have displayed intere...
20 Aug, 2020, 09.14 AM IST
ET Awards 2018: NPCI is the 'Policy Change Agent' of the yearThe distant competitor to Visa and Mastercard has since emerged the driving force of the country’s digital payments agenda.
18 Nov, 2018, 12.07 PM IST
NPCI appoints Dilip Asbe as its new Chief executive officerAsbe, who has previously worked with Euronet and Prizm Payments had joined NPCI way back in January 2010 as its first employee and as a chi...
08 Jan, 2018, 07.09 PM IST
Dilip Asbe is appointed as the acting chief executive of NPCI, after A.P. Hota retiresDilip Asbe, had joined NPCI as its first employee in 2010 as its chief technology officer and was elevated to the position of the chief ope...
11 Aug, 2017, 08.24 PM IST
SAARC countries reach out to NPCI for payments switchWhile Visa and MasterCard, with their superior technology and massive reach, were expensive for smaller banks to ride on, RuPay being a dom...
26 Sep, 2016, 08.35 AM IST