NPCI collaborates with SFBs and Payments Banks to drive innovation and inclusion, expanding digital payments to every corner of India.
India's digital payments landscape is undergoing a significant transformation as the National Payments Corporation of India (NPCI) brings together Small Finance Banks (SFBs) and Payments Banks through its NPCI Synergy initiative.
Key Takeaways for the Users:
This initiative promises a future where every Indian – urban or rural – has access to secure and seamless digital financial services. With SFBs and Payments Banks taking the lead, the digital divide is set to narrow.