National Payments Corporation of India (NPCI) on Thursday said its international payments arm NPCI International Payments Limited (NIPL) has signed a memorandum of understanding with TerraPay, Netherlands-based global payments infrastructure company to allow Indians with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay’s secure payments technology.
NPCI International Payments Limited (NIPL) is the International arm of the National Payments Corporation of India (NPCI). TerraPay is Headquartered in The Netherlands. Mr. Ritesh Shukla is the CEO of NIPL. While Ambar Sur is the Founder and CEO of TerraPay.