HomeNewsBankingNPCI launches RuPay credit card stack named nFiNi

NPCI launches RuPay credit card stack named nFiNi

NPCI launches RuPay credit card stack named nFiNi

The National Payments Corporation of India (NPCI) has launched the plug-and-play RuPay credit card stack called nFiNi in collaboration with Fiserv Inc.

  • it is a BaaS (banking-as-a-service) programme that will help in providing a ready stack of services required for fintechs and banks to issue RuPay credit cards.
  • The nFiNi programme will enable fintech and banks on credit cards which can cater to new-to-bank-and-credit customers.
  • nFiNi will also reduce onboarding time via services.
  • it also covers a hosted card management system including transaction processing, fraud, and risk management, open APIs, and surround services to support card programmes.

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SourceLive Mint

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