Question
NPCI sets_____ as a deadline to activate offline
payments on RuPay cards.Solution
The National Payments Corporation of India (NPCI) has set October 31 as the deadline for banks to activate offline transactions on RuPay cards, which will happen faster than a blink of an eye: at 500 milliseconds. By the end of the NPCI’s October 31 deadline, banks will have to be compliant with the National Common Mobility Card (NCMC) protocols — key to One Nation, One Card.RuPay cards not compliant will have to be re-carded. Also, existing RuPay card holders not having NCMC have to be given options to opt for it across customer touchpoints.
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