National Payments Excellence Awards 2016

NPCI presents the National Payments Excellence Awards 2016

National Payments Excellence Awards 2016

The highest recognition in the industry to acknowledge exceptional performance in
payments system, the National Payment Corporation of India (NPCI) presented the National Payments Excellence Awards 2016.

The prestigious awards hosted by NPCI are for inculcating a spirit of healthy
competition and for recognizing the exceptional performance of NPCI members. This includes commercial banks, co-operative banks, Regional Rural Banks (RRBs), White Label ATM Operators (WLAOs) and Prepaid Payment Instruments (PPIs).

In order to recognize and reward member Banks for their performance on ATM switching services, NPCI constituted in 2011 ‘NFS Operational Excellence Awards’. Since NPCI has grown during the past few years with several other products, the process of recognizing and rewarding member Banks was extended to include other products of NPCI as well. Accordingly, the ‘National Payments Excellence Awards’ was instituted in 2014 for the following products of NPCI:

RuPay Card, Immediate Payment Service (IMPS), Aadhaar Enabled Payment System (AePS), Cheque Truncation System (CTS), National Automated Clearing House (NACH) and National Financial Switch (NFS).

The award is given under these NPCI product categories to banks under their respective size category. 

Below are the Winners:

RuPay (In recognition of excellent performance in RuPay)

  • Union Bank of India among large banks
  • Indian Bank among mid-sized banks
  • South Indian Bank among small banks category

IMPS (In recognition of excellent performance in IMPS)

  • ICICI Bank among large banks
  • Kotak Mahindra Bank among mid-sized banks
  • Citibank N. A. under small banks category
  • GI Technology emerged as a winner among Prepaid Payment Instruments category

AePS (In recognition of excellent performance in AePS)

  • Punjab National Bank among large banks
  • Allahabad Bank among mid-sized banks
  • IDFC Bank under small banks category

CTS (In recognition of excellent performance in CTS)

  • HDFC Bank among large banks
  • Kotak Mahindra Bank among mid-sized banks
  • Citibank N. A. and Standard Chartered Bank emerged as joint winners under small banks category

NACH (In recognition of excellent performance in NACH)

  • HDFC Bank among large banks
  • Indian Bank among mid-sized banks,
  • Citibank N. A. under small banks category

NFS (In recognition of excellent performance in NFS ATM Network)

  • HDFC Bank among large banks
  • State Bank of Travancore among midsized
  • Citibank N. A. under small banks category
  • Tata Communications Payment Solutions won the award among White Label ATM Operators category

Super Special (In Appreciation and Recognition for being the Highest Volume Contributor and excellent performance in all NPCI Products)

  • State Bank of India

Special (In recognition of being the First Small Finance Bank in the Country to Go Live on all NPCI Products)

  • CAPITAL SMALL FINANCE BANK 

Merchant – Spl Award for PoS (In recognition of high acceptance of RuPay cards at PoS Terminals)

  • DMart and Big Bazaar

Merchant – Spl Award for eCommerce (In recognition of high acceptance of RuPay cards for eComm transactions)

  • PayTM and Billdesk

Special (In recognition of excellent performance in select parameters of various NPCI Products)

  • Central Bank Of India,
  • Vijaya Bank
  • United Bank Of India
  • UCO Bank
  • Canara Bank
  • Syndicate Bank
  • Dena Bank
  • Bank Of India

Besides this for runner-up in each category, awards for Co-operative banks, RRBs and special awards were also given during the ceremony.

Source:

Press Release, March 08, 2017, NPCI recognises exceptional performance in National Payments Excellence Awards

winners of NPEA, http://npci.org.in

 


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