How NPCI records ₹10,000 crore credit through UPI every month
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NPCI Records Hike Through Upi About 10000cr Said By CEO Dilip Asbe.The National Payments Corporation of India is a non-profit organization established in 2008 to regularize India's payments and settlements system.
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NPCI Organization is an initiative of the Indian banks association and the Reserve Bank of India under for the payment and settlement system.
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In november 2022 NPCI introduced a new credit card payment option which allows users to link her credit card on the app and do all payments automatically added to her monthly credit card bills.
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CEO Dilip Asbe said credit card payments spending through UPI has reached Rs.10000 crore which means Rs100 & 200 rupees.
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According to Asbe, around six banks have begun to provide their clients with the pre-approved credit limits feature on UPI with ICICI Bank leading the way.