The National Payments Corporation of India (NPCI) on December 28, 2023, issued a circular regarding the New PCOMP (Product Compliance) Portal for Self-Attestation from F.Y. 2023- 24 for Members/Participants with reference to OC No. NPCI/UPI/OC-99/2020-21 dated January 12, 2021, and OC No. NPCl/2022-23/OC/PD/001 dated September 07, 2022.
Self-attestation is a process where members/participants declare themselves as compliant with NPCI guidelines.
In this regard, we are pleased to inform members/participants that a new PCOMP (Product Compliance) Portal with a simplified process of submission of Self-Attestation by members/participants is made available. Members/participants must submit self–attestation of adherence to various NPCI guidelines/circulars from F.Y. 2023-24 onwards on the new PCOMP portal.
The process of self-attestation will be an ongoing process. All compliance directives henceforth shall be updated in the new PCOMP portal every quarter or as when required. The release of directives for self-attestation shall be notified to all the members/participants whose contact details are updated/made available with NPCI.
To access the new portal URL: https://comply.cflowapps.com/npciapp/home/banklogin
The admin role has been granted to official/s who have admin access in the existing PCOMP portal for each member/participant in the new PCOMP portal as well.
All members/participants are to ensure that the self-attestation submission in the new PCOMP portal is done by an official from the internal audit or compliance function/department as a checker.
Self-attestation requests for Q1 and Q2 of FY 2023-24 along with directives that are to be complied with annually are made available on the new PCOMP portal. Members/participants must submit the self-attestation by March 31, 2024.
[Circular No. NPCI/2023-24/PD/005]
