Mumbai 5 Sep : The payment service provider NTT DATA Payment Services India (earlier Atom Technologies) on Monday announced it has received an in-principle acceptance by the Reserve Bank of India (RBI) for the Payment Aggregator (PA) license.The company has a total annual value of transactions of 150,000 crore.
It also has an amount of more than 10 crore transactions throughout India.
“This important development will also help us achieve our vision, which is to build NTT DATA Payment Services India as one of the top three payment service providers in the country, with superior products and services,” said Dewang Neralla the Director of NTT DATA Payment Services.of NTT DATA Payment Services.
“We will continue to develop secure, trusted and innovative payment solutions for our customers with an eye on making digital payments affordable and accessible to all and is in the spirit with the “Digital India” idea,” said Neralla.
NTT DATA Payment Services India is a part of NTT DATA Corporation, one of the top 10 worldwide IT service providers.It is with its headquarters in Japan.
The NTT DATA Payments division group is present in Japan, Hong Kong, Singapore, Vietnam, and Malaysia.
NTT DATA operates CAFIS, the largest payment processing network.
The company claims it assists merchants provide a seamless and seamless digital payment experience for customers through both offline and online channels.
It serves more than 6 million merchants in India, in sectors such as education retail, government, BFSI and healthcare, among others.
na/
