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The National Skill Development Corporation (NSDC) has signed an agreement with Juspay Technologies, a top payments technology provider, to improve payment systems and solutions for skill development programs across India.
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The MoU was signed today at NSDC's headquarters by Shreshtha Gupta, CTO of NSDC, and Ishan Sharma, Head of Business at Juspay. The signing was witnessed by Ved Mani Tiwari, CEO of NSDC, Rajesh Swaika, CFO of NSDC, and Malyada Goverdhan, Head of B2G Partnerships at Juspay.
Partnership Benefit
The partnership is an important step in using advanced technology to simplify financial processes for NSDC’s large network of stakeholders, including training partners, candidates, and others involved.
As per the Agreement, Juspay will provide a strong and flexible payment platform designed for NSDC which allowing smooth transactions through various payment methods like UPI, credit/debit cards, wallets, and net banking.
The integration will make payments easier for millions of learners and training providers, ensuring reliability and efficiency. The fintech platform analytics and optimization tools will provide NSDC with valuable insights to improve its operations.
“Our collaboration with Juspay represents a significant advancement in our commitment to enhancing the skill development ecosystem in India. By leveraging the unique payment solutions, we aim to streamline the financial processes for our stakeholders making skill development more accessible and efficient. This collaboration will empower millions of learners and training providers, ensuring that our initiatives are not only impactful but also sustainable in the long run” said Ved Mani Tiwari, CEO NSDC and MD NSDC International.
“We are proud to partner with NSDC in their mission to empower millions through skill development. NSDC’s extensive payments infrastructure presents unique challenges including the need for seamless integration across diverse platforms and ensuring secure and frictionless transactions at scale. At Juspay, we are committed to delivering a comprehensive solution that not only simplifies these challenges but also offers NSDC complete visibility and control over every financial transaction,” said Vimal Kumar, CEO & Founder of Juspay.
This partnership creates a framework for working together to improve payment solutions and promote financial inclusion in the skill development sector.
About Juspay
JUSPAY is a global leader in payment solutions, helping merchants and banks around the world process payments. Using our expertise in Payment Experience, Orchestration, and Infrastructure, we create reliable and scalable payment products that support big global brands in their online business.
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