Dynacons Systems & Solutions wins major contract from National Payments Corporation of India

Dynacons Systems & Solutions Ltd, a key player in the IT solutions sector, has secured a landmark contract valued at Rs. 41.72 Crores with the National Payments Corporation of India (NPCI). This partnership marks a crucial development for the Data Centre Tech Refresh initiative led by NPCI, an institution instrumental in revolutionizing India’s Payment & Settlement Infrastructure under the guidance of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA).

NPCI stands at the forefront of facilitating critical services like UPI Payment, Bharat Bill Pay, RuPay Card, and Fast Tag. The organization’s dedication to innovation and providing seamless experiences across diverse customer demographics is evident in its proactive approach to upgrading its IT infrastructure. The Data Centre in Chennai, set for a substantial overhaul, will see the introduction of high-performance HPE Enterprise Servers, designed to support NPCI’s expanding needs and complex workloads.

The implementation of Enterprise Class Servers by Dynacons will play a pivotal role in accelerating NPCI’s digital transformation. This advancement will enable the integration of modern operating systems and the latest application versions, improving server performance and aligning with NPCI’s strategic objectives. Dynacons’ comprehensive solution includes a seven-year support plan, ensuring reliability and optimal server uptime, which is crucial for maintaining the integrity and efficiency of India’s payment and settlement systems.

This contract not only underscores Dynacons’ capability in delivering top-tier enterprise server solutions but also represents a significant milestone in India’s journey towards digitalization. “Dynacons is honored to have been awarded this contract. With this contract win, our Company further solidifies its position as a trusted partner for businesses seeking reliable, cutting-edge technology solutions,” said Mr. Amit Vora, National Business Head of Dynacons. This initiative is set to bolster the country’s digital payment infrastructure, reinforcing its commitment to a secure and efficient digital payment ecosystem.

The partnership between Dynacons Systems & Solutions Ltd and the National Payments Corporation of India signifies a major leap forward in enhancing the country’s digital payment infrastructure. By upgrading NPCI’s Data Centre with advanced enterprise servers, this initiative is poised to ensure the robustness, security, and efficiency of India’s payment and settlement systems, setting a new benchmark for digital transactions nationwide.