A column published in FinansWatch, by Kristian T Sorensen, Partner in Norfico, emphasizes the relevance of payments in the Nordics and talks about how the National Payments Corporation Of India (NPCI) and RS Software have created a model that the rest of the world can and should learn from. India has gone through tremendous payment services transformation in recent years and implemented the next-generation platforms: Unified Payment Interface (UPI), Bharat Bill Payments System (BBPS) and Enterprise Fraud and Risk Management (EFRM).