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National Internet Exchange of India Launches ‘Digital Payment Gateway’

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National Internet Exchange of India launches ‘Digital Payment Gateway’

On November 10, 2021, National Internet Exchange of India (NIXI), a not-for-profit organization launched ‘Digital Payment Gateway’ in partnership with PayU and National Securities Depositories Limited (NSDL). This will enable digital payments across NIXI’s three business units by integrating payment gateways on all its websites.

  • The Digital Payment Gateway was launched during a ceremony which was presided over by NIXI Chief Executive Officer (CEO) Anil Kumar Jain as the Chief Guest.

Key Points:

i.This integration will offer real-time payments, providing uninterrupted services to NIXI’s customers and also ensure seamless experience to all stakeholders.
ii.The Department of Telecom (DoT) has set December 2022 as the deadline for Internet service providers (ISPs) to make changes to their network, including upgrading modem and routers for customers as required by the latest IPv6 (Internet Protocol version 6).
iii.June 30, 2022 is the last date for government organisations to complete the transition to IPv6 which will aid Internet usage especially for work-from-home regime, the Internet-of-Things (IoT) ecosystem, and upcoming 5G services.

  • IPv6 is the most recent version of the Internet Protocol communications system, which provides identification and location information for devices and networks connecting to the Internet.

Activities of NIXI:

National Internet Exchange of India (NIXI) aims to make the internet accessible to everyone through the following activities:

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

Additional Info:

  • 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 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.

Recent Related News:

MeitY has organised a strategy workshop titled “Connecting all Indians” to make India one of the largest connected countries in the world. It was chaired by Rajeev Chandrasekhar, Minister of State, MeitY.

About National Internet Exchange of India (NIXI):

Chairman– Ajay Prakash Sawhney
Parent Ministry– Ministry of Electronics and Information Technology (MeitY)
Headquarter– New Delhi, Delhi