NPCI Expands Beyond Payments with New Digital Infrastructure Unit

The National Payments Corporation of India is expanding its institutional structure as it looks to deepen India’s digital infrastructure capabilities beyond retail payment systems. 

Purpose and Strategic Focus 

The National Payments Corporation of India is in the process of establishing a new subsidiary, NPCI Tech Solutions Ltd, marking its 4th arm after its existing entities.  

The subsidiary is expected to focus on strengthening central technology infrastructure and running pilot initiatives in areas beyond payments.  

The potential focus areas include infrastructure-led products such as eKYC Setu and systems linked to the central bank digital currency.  

The entity is not being positioned to compete with private technology vendors and will instead operate as a central infrastructure provider. 

Structure, Capital and Current Status 

NPCI Tech Solutions Ltd will not be structured as a Section 8 company, unlike NPCI’s other subsidiaries. The authorised capital of the new entity stands at ₹10 lakh, while its paid-up capital is ₹5 lakh.  

The subsidiary is currently in an early stage, with teams from NPCI supporting its initial operations. 

Leadership Perspective and Existing Subsidiaries 

Speaking at the Global Fintech Fest 2025, Ajay Kumar Choudhary, non-executive chairman and independent director of NPCI, described the new subsidiary as a platform for experimentation and innovation. “We are excited to see NTSL emerge as a cradle for tech innovation in India, a space where bold ideas can be nurtured into scalable solutions for the digital economy,” he said. 

NPCI’s existing subsidiaries include NPCI International, which focuses on the international expansion of UPI and RuPay, NPCI Bharat BillPay, and NPCI BHIM Services, which supports domestic digital payments through BHIM. 

Read More: NPCI Plans to Tighten Rules on UPI Collect and Autopay to Combat Rising Fraud! 

Conclusion 

With the planned launch of NPCI Tech Solutions Ltd, NPCI is signalling a shift towards building and scaling technology infrastructure beyond payments, reinforcing its role at the centre of India’s evolving digital ecosystem. 

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