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Home Industry BFSI

NPCI partners Worldline to bring Indian Payment Services across Europe

By: APAC Media

by APAC Media
October 13, 2022
in BFSI
Reading Time: 2 mins read
IIIT Bangalore and NPCI Offer 6-month Online Course in Cybersecurity in Partnership with Simplilearn

IIIT Bangalore and NPCI Offer 6-month Online Course in Cybersecurity in Partnership with Simplilearn

Summarize with:

Global payments services provider Worldline has joined hands with NPCI International Payments to expand the acceptance of Indian payment across Europe. NPCI International Payments is the international arm of the National Payments Corporation of India (NPCI) that drives digital payments in India.

 

As part of the partnership, Worldline will bring more convenience for Indian customers in the European markets by allowing merchants’ point-of-sale systems to accept payments from UPI, as well as RuPay. Currently, the Indian customers pay through international card networks.

 

In a joint statement, the two entities said that the hugely popular UPI allows multiple bank accounts to be accessed through one single mobile application, which in turn, will enhance customer experience whilst opening up new business prospects for merchants. “Facilitated via Worldline QR, the company’s universal product for the acceptance of all QR-based payments, the first target markets for NIPL are set to include BENELUX and Switzerland with further plans for expansion, as Worldline QR is rolled out in more European countries,” it added.

 

Marc-Henri Desportes, Deputy CEO of Worldline said, “Our analyses of international customers’ payment behaviour have indicated a push away from international card schemes in recent times, and a preference for any mobile payment method they are acquainted with. Our partnership with NPCI International seeks to mitigate the risk of excluding or limiting Indian customers from safely using electronic payments in the EU.”

 

Ritesh Shukla, CEO of NPCI International Payments said, “In Worldline, we found a partner that provides us with good coverage of the European markets as well as an advanced and universally applicable solution. The roll-out of acceptance of UPI-powered Apps and RuPay Cards across Europe is important to us, as we expect increased mobility of Indians in the continent in the coming years. We believe this partnership will empower Indian consumers to continue using their preferred payment modes as they travel across Europe.”

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Tags: NPCI partners
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