NPCI launches RuPay credit card stack, ‘nFiNi’ to enable fintech to co-create bank-sponsored credit cards
September 11, 2021
National Payments Corporation of India (NPCI) and Fiserv, Inc., provider of payments and financial services technology, have entered into an understanding that will enable the launch of 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.
