NPCI International Payments Ltd (NIPL) signs MoU with African Fintech Network to explore opportunities for UPI and RuPay in Africa.

National Payments Corporation of India (NPCI) is an umbrella organization for operating retail payments and settlement systems in India. Established by the Reserve Bank of India and the Indian Banks' Association, its core focus is on developing and managing various digital payment products and services. NPCI aims to transform India into a cashless society and is actively expanding its payment solutions globally through its international arm, NPCI International Payments Limited (NIPL).

The African Fintech Network (AFN) is a pan-African organization established in 2018 to foster collaboration, advocate for policy, and drive the growth of the fintech ecosystem across the continent. It serves as a platform for national fintech associations, aiming to accelerate digital transformation and financial inclusion through innovation and infrastructure development.