NIPL Collaborates with worldline to facilitate UPI Payments

Current Context: NPCI International Payments Ltd. (NIPL) has collaborated with Worldline to facilitate UPI payments across Europe.

• Under this partnership, worldline will be the first European Union acquirer to provide European merchants with UPI and RuPay.
• UPI and RuPay are both offered by NPCI.
• The first target markets under this collaboration will be Switzerland, Belgium, Netherlands, and Luxembourg.
• The NIPL market will gradually grow in the upcoming future as Worldline QR will be adopted in more European Countries.
• Worldline is a leader in global payments services in Europe.
• Static part- India is one of Europe’s most tourist markets, an estimated 10 million Indians used to visit the region prior to the pandemic.

Question:

Q.1 Which services will be offered by the collaboration of NIPL and Worldline?
a. UPI
b. RuPay
c. UPI & RuPay
d. UPI & Razorpay