New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    With whom will NPCI International Payments Ltd tie up

    for cross border transactions?
    A Al Bashar Payments Correct Answer Incorrect Answer
    B Al Etihad Payments Correct Answer Incorrect Answer
    C Abu Dhabi Bank Correct Answer Incorrect Answer
    D Singapore Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    NPCI International Payments Limited, the international arm of National Payment Corporation of India ( NPCI) , is going to enter into an agreement with Al Etihad Payments to facilitate cross border transactions. The MoU will be signed for the development of UAE's domestic card service based on India's RuPay debit and credit card stack. This agreement will be signed in the presence of Commerce and Industry Minister Piyush Goyal.

    Practice Next

    Relevant for Exams: