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e-Governance Services

Alankit e-Governance division believes in providing quality information and high standard of service delivery, encouraging new advanced technology and making the system more accountable, transparent and effective for the clients.

National Payments Corporation of India (NPCI)

With the following two objectives, Reserve Bank of India, after setting up of the Board for Payment and Settlement Systems in 2005, released a vision document incorporating a proposal to set up an umbrella institution for all the RETAIL PAYMENT SYSTEMS in the country- firstly to consolidate and integrate the multiple systems with varying service levels into nation-wide uniform and standard business process for all retail payment systems and secondly to facilitate an affordable payment mechanism to benefit the common man across the country and help financial inclusion.

This vision became a reality when National Payments Corporation of India (NPCI) was incorporated in December 2008 to operate for the benefit of all the member banks and their customers and the Certificate of Commencement of Business was issued in April 2009. Moving with a goal of touching every Indian by 2020 with one or the other payment service, at least once a day, NPCI's products are achieving distinct objectives by fulfilling needs of country’s payment system.

NPCI would function as a hub in all electronic retail payment systems which is ever growing in terms of varieties of products, delivery channels, number of service providers and diverse Technology solutions. The service portfolio include National Financial Switch (NFS), Immediate Payment Service (IMPS) provided to 59 member banks, National Automated Clearing House, Aadhaar Payments Bridge System (APBS)& Aadhaar-enabled payment system (AEPS), Interoperable Financial Inclusion System (IFIS), Cheque Truncation System (CTS), Express Cheque Clearing System and Domestic Card Scheme - RuPay.

Alankit is engaged as an agency for implementing and managing Paper to Follow (P2F) Process for Cheque Truncation System (CTS), an initiative of NPCI to compress the clearing cycle to provide faster clearance of cheques. Electronic images of cheques are captured and transmitted across the banks and clearance process is carried out on the basis of the images captured.