‘nth Rewards’—Launched by NPCI

Published on August 12, 2020
Current Context: National Payment Corporation of India (NPCI) has developed and launched a business intelligence and analytics-based omnichannel, multi-branded loyalty platform named as ‘nth Rewards’.
‘nth Rewards’—Launched by NPCI

  • It offers infinite possibilities of earning to the users through bank transactions and redeem instantly with the help of e-vouchers, donations, hotel and flight bookings.
  • The platform is launched to grow customer base and become the one-stop-shop for banks.
  • The ‘nth Rewards’ is highly secured with PCI-DSS compliance and API keys. Hence it offers seamless and secured integration of it with banking systems.
  • It is incorporated with a loyalty engine which is termed to be the heart of the platform. With the help of this loyalty engine, customers will gain reward on their digital transactions.
  • It also offers Analytics and Business Intelligence service with real-time access to portfolios of products.
  • Static Part: 
    • HQ of NPCI: Mumbai
    • MD and CEO of NPCI: Dilip Asbe

Question: 

Q.1 Which of the following entity launched ‘nth Rewards’ platform?
a. Rupay
b. NASSCOM
c. NPCI
d. RBI

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