TheNFAPost Podcast

Chennai, NFAPost: National Payment Corporation of India (NPCI), the umbrella organisation for operating retail payments and settlement systems in India, said that it is all set to launch its own Smart Data Centre in Chennai.

Tamil Nadu Chief Minister Edappadi K Palaniswami laid the foundation stone of the centre, which will be built as per the international standards, and would be recognised as the first TIER IV Data Centre in Chennai.

NPCI is building its own Smart Data Centre to house the National critical set-up with highly secured infrastructure. The Smart Data Centre will host major services under the Digital India initiatives. It will be located in SIPCOT Information Technology Park, Siruseri.

The centre would have a modular design for higher sustainability. It is going to be environment-friendly with the adoption of green building features, rain water harvesting and solar panels. The centre is being built with an IoT based building management system that will have 8 layers of security system.

NPCI CTO N Rajendran said, “Our focus will always remain on enhancing acceptance infrastructure for digital payments so as to encourage customers towards digital transactions to achieve RBI and the government’s less cash objective. With the Smart Data Centre, we are happy to create more employment opportunities as well.”

NPCI has engaged Larsen & Toubro (L&T) as its turnkey contractor for building the centre.

Incorporated in 2008, NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC Fastag) and Bharat BillPay.  NPCI also launched UPI 2.0 to offer a more secure and comprehensive services to consumers and merchants.

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