NPCI launches its subsidiary firm – NPCI International Payments Ltd (NIPL)

National Payments Corporation of India (NPCI) has launched its wholly-owned subsidiary firm named NPCI International Payments Limited (NIPL).
Ritesh Shukla has been appointed as the Chief Executive Officer (CEO) of NIPL.
NIPL will venture into newer international markets and co-create payment systems with participating nations.
The primary focus of NIPL would be the internationalization of RuPay and UPI, along with a few more offerings of NPCI.