BANKING GENERAL KNOWLEDGE
Question
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What is the meaning of “P” in NPCI?
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Payees
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Products
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Payments
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Pending’s
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Explanation:
Detailed explanation-1: -The Full form of NPCI is National Payments Corporation of India. which is an Indian financial services corporation that operates retail payments and settlement systems.
Detailed explanation-2: -What are Payment Service Providers (PSPs)? PSPs (also called Merchant Service Providers) are third-party companies that help business owners accept a wide range of online payment methods, like online banking, credit cards, debit cards, e-wallets, cash cards, and more.
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