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Worldline, a global leader in payments services, has joined forces with NPCI International Payments Ltd. (NIPL), the international arm of National Payments Corporation of India (NPCI), in a move to expand the acceptance of Indian payment means across Europe. As part of the partnership, Worldline will bring more convenience for Indian customers in the European markets by allowing merchants’ point-of-sale (POS) systems to accept payments from UPI, an instant real-time payment system, as well as RuPay, NPCI’s proprietary card payment network solution. This will result in a multitude of customer-related merchant benefits due to an increase in footfall and spending…
National Payments Corporation of India (NPCI) on October 10th launched NPCI Partner Program (NPP) with an intent to collaborate with various Technological Service Providers (TSP), Application Service Providers (ASP), and other similar entities in the industry. With program, NPCI aims to connect with innovative and important payments-oriented service providers. As per NPCI, this one-of-a-kind initiative will help in building new offerings that are better aligned with the needs and demands of the contemporary market. It added, it further aims to augment the retail payments ecosystem by bringing down the time to market. NPCI said the program will act as a knowledge sharing…
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The government has rolled out tax incentives like a zero withholding tax and a 10 year corporate tax holiday, which have led many foreign financial institutions to open offices in GIFT City.