Mumbai, Maharashtra, IN (On-site)2 open jobs
NPCI operates India's retail payments and settlement infrastructure, including UPI, RuPay, IMPS, NACH, AePS, FASTag and BHIM, processing billions of transactions annually.
National Payments Corporation of India (NPCI) runs the rails underneath Indian retail payments. Founded in 2008 and headquartered in Mumbai, the public sector umbrella organization operates the country's retail payments and settlement systems, processing billions of transactions annually across a portfolio that reads like a map of the national attack surface: UPI, the real-time payment system that has become a benchmark for emerging economies; RuPay Cards, the domestic card network; IMPS for instant fund transfers; NACH for bulk clearing; AePS, the Aadhaar Enabled Payment System; FASTag electronic toll collection; BharatQR; and BHIM. Bill payments run through subsidiary NPCI Bharat BillPay Limited (NBBL), and global expansion of these products sits with NPCI International Payments Limited (NIPL).
The threat model is straightforward and unforgiving. These are always-on, real-time settlement systems with national reach, backed by the Reserve Bank of India and the Indian Banks' Association - meaning credential abuse, transaction fraud, settlement manipulation, and availability failures aren't hypothetical risks, they're the operational baseline. Payment security is one of the stated technical domains alongside payment processing and settlement systems, financial technology, transaction infrastructure, and real-time payments. The scale is the constraint: billions of transactions a year, multiple rails with different trust models, and interoperability across banks and third-party apps.
Security work here spans the full stack of a payments network rather than a single product perimeter - identity-linked payment systems like AePS, instant rails like UPI and IMPS, card issuance and authorization via RuPay, automated clearing through NACH, and device-and-QR entry points via FASTag and BharatQR. NPCI states a focus on enabling instant, secure, and seamless digital payments, with a stated commitment to innovation and financial inclusion. Roles are based in Mumbai, with an international dimension through NIPL.
