Explanation:

• The National Payments Corp. of India (NPCI) has partnered with Turkey’s global payment solutions company PayCore as one of the certified partners for RuPay SoftPOS to drive cashless payments across the country.
• RuPay SoftPOS enables merchants to accept payments securely from contactless cards, mobile wallets, and wearables just with their mobile phones.
• NPCI has authorized the SoftPOS solution developed by PayCore for RuPay. This solution can be integrated into bank or aggregator acquiring systems to enable acquiring of RuPay using mobile phones enabled with NFC capability or add-ons.

National Payments Corporation of India

• Founded: 2008
• Headquarters: Mumbai.
• MD & CEO: Dilip Asbe.