Exclusive: National Payments Corporation of India calls for digital marketing pitch; Mandate to also focus on UPI awareness, RuPay

The onboarded agency will help the NPCI define, plan and execute digital marketing strategy for all of its products to strengthen the brand’s digital presence, with special focus on UPI awareness and RuPay.

By  Tasmayee Laha RoyMar 23, 2024 9:46 AM
Exclusive: National Payments Corporation of India calls for digital marketing pitch; Mandate to also focus on UPI awareness, RuPay
The contract period will be for 1+2 years, starting from May 2024, subject to yearly review. (Image source: Fisdom)

The National Payments Corporation of India (NPCI) is on the look out for a digital marketing agency and released a request for proposal (RFP) document. As per the RFQ accessed by Storyboard18, the onboarded agency will help the NPCI define, plan and execute digital marketing strategy for all of their products to strengthen the brand’s digital presence through various communication channels with special focus on UPI awareness and RuPay.

This will involve defining, planning, and executing comprehensive marketing strategies through various channels, including digital marketing, social media marketing, integrated campaigns, and promotional activities with offers and discounts. According to well placed sources, agencies like Schbang and Gozoop are participating in the pitch.

The scope of work for the successful bidder would include social media planning, influencer marketing, planning and implementing tactical campaigns capitalising on festivals and topical days, digital outreach programs and events, moment marketing initiatives to advise NPCI on relevant content trends, driving co-marketing and co-branded campaigns with B2B partners (e.g., Fintechs, Banks, App partners), educating users on safe UPI usage, and creating internal communication and branding assets based on the "NPCI Way" philosophy.

National Payments Corporation of India (NPCI), is an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007.

First Published on Mar 19, 2024 1:52 PM

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