HSBC joins National Financial Switch

The country’s umbrella body for retail payments, National Payments Corporation of India (NPCI), today said global banking major HSBC has joined the National Financial Switch (NFS) operated by it.

By joining the NFS, HSBC’s customers will be able to access a network of over 85,000 automated teller machines (ATMs), NPCI said in a statement issued here.

HSBC has 46 branches and 115 ATMs in the country, it said, adding that the network already has 63 banks as members.