NPCI launches RuPay credit card stack, ‘nFiNi’ to enable fintech to co-create bank-sponsored credit cards
- National Payments Corporation of India (NPCI) in partnership with Fiserv Inc. to launch the plug-and-play RuPay credit card stack, ‘nFiNi’.
- nFiNi is a ready stack of services required for fintechs and banks to issue RuPay credit cards and will enable fintech to co-create bank-sponsored credit cards.
- It is a BaaS (banking-as-a-service) programme. The nFiNi platform will power RuPay cards (including National Common Mobility Card) by offering access to needed services through the NPCI network combined with FirstVisionTM cloud-based open API integrations from Fiserv.
Points to remember:
- nFiNi has been launched by?- NPCI
- Name the RuPay credit card stack launched by NPCI?- nFiNi
Source: hindubusinessline