How does NPCI earn money?

National Payments Corporation of India (NPCI) generates around one-third of its revenues from interchange fees, switching fees and other charges.You can read about the National Payments Corporation of India (NPCI) – An Overview of Objectives, Products in the given link.

Further readings:

  1. Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19
  2. Cashless Economy in India – UPSC GS-III Notes

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