The NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) ,on Thursday entered into a strategic partnership agreement with Al Etihad Payments (AEP) for domestic card scheme (RuPay) implementation in the UAE.The AEP is an indirect subsidiary of the Central Bank of UAE (CBUAE).
As per the agreement, NIPL and AEP will work together to build, implement, and operationalise UAE’s national domestic card scheme (DCS).