NPCI INKS PACT WITH BANK OF NAMIBIA

May 4, 2024

NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia.
The partnership seeks to help Namibia modernise its financial ecosystem.
This includes improving accessibility, affordability and connectivity with both domestic and international payment networks, and interoperability.
This strategic partnership aims to enhance digital financial services and bolster real-time Person-to-Person (P2P) and Merchant payment transactions (P2M) in the African nation.