Learn bits
National Importance
Pradeep Kumar

11/11/21 10:10 AM IST

Digital Payment Gateway

In news

National Internet Exchange of India launches ‘Digital Payment Gateway'

Details
  • National Internet Exchange of India (NIXI) is a not-for-profit Company under the aegis of the Ministry of Electronics and Information Technology (MeitY) with the mission to make the internet accessible to everyone.
  • To facilitate its customers and partners, NIXI has gone digital by enabling digital payments across its three business units by integrating payment gateways on all its customer-facing websites for ease of use.
  • PayU is enabling payment digitisation for crucial initiatives across the three key domains of NIXI.
  • It has designed a customised flow for digital payment acceptance both from customers and vendors and has also made refund & reconciliation absolutely seamless for NIXI. 

NIXI

National Internet Exchange of India (NIXI) is a not-for-profit organization working since 2003 for spreading the internet technology to the citizens of India through the following activities:

  • Internet Exchanges through which the internet data is exchanged amongst ISPs and between ISPs and CDNs.
  • Selling, managing and operation of .IN country code domain and . भारत IDN domain for India.
  • Selling, managing and operating Internet protocol (IPv4/IPv6) as authorized by APNIC, Australia.

About our payment gateway partners

  • PayU: PayU is India’s leading payment gateways which provides payment gateway solutions to online businesses and serves more than 4,50,000+ merchants with over 100+ payment methods.
  • NSDL: NSDL is one of the largest Depositories in the World and has established a state-of-the-art infrastructure that handles most of the securities held and settled in dematerialized form in the Indian capital market. They also provide secure and seamless payment gateway services to businesses.
Source: PIB, The Hindu

More Related Current Affairs View All

26 Dec

Australia’s Online Safety Amendment

'Australia’s House of Representatives recently passed the “Online Safety Amendment (Social Media Minimum Age) Bill, 2024” which imposes obligation on certain soci

Read More

26 Dec

Ken-Betwa river-linking project

'Prime Minister Narendra Modi laid the foundation stone of the Ken- Betwa River Linking National Project on the 100th birth anniversary of former Prime Minister Atal Bihari Vajpaye

Read More

25 Dec

Quantum computing

'Quantum computing is an area of computer science that uses the principles of quantum theory at the atomic and subatomic levels.' It uses subatomic particles, such as electrons

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps