New Delhi [India], January 17 (ANI/SRV): NPST (Network People Services Technologies Ltd) a leading fintech solution provider to banks, financial institutions & merchants, announced to increase in their employee headcount by 50 per cent. With the growing demand in the fintech industry, NPST strategically aligned the business expansion plan by creating 100 new job openings across different engineering functions in the first half of 2023. "We have aggressive delivery requirement from existing and new clients on our scalable technology stack which has led to the growth in technical portfolio in NPST as witnessed now. We have plans to deploy this manpower across all our products/domain namely Banking - Super App, UPI, IMPS, TimePay Merchant PSP, Timepay Evok - UPI API engine, Timepay Qynx - Merchant acquiring, Timepay Bizz - Merchant app and few more payment products. Our aim is to consistently invest in developing new products that can help customers in their growth. This addition
Last week, the cabinet cleared a Rs 2,600-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal.
The report by Morgan Stanley came right after the Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23.
To promote BHIM-UPI and RuPay, the centre approves a Rs 2,600 billion project - The Union Cabinet has also approved the incentive programme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions.