Introduced by National Payment Corporation of India (NPCI), Rupay Debit Card is an indigenous domestic debit card accepted at all ATMs (for cash withdrawal) and at most of the PoS machines--for making cashless payment for purchases--in the country. It is a highly secure network that protects against anti-phishing, and also the first-of-its-kind domestic Debit and Credit Card payment network of India, according to RuPay website. 

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The name, derived from the words ‘Rupee and ‘Payment’, states that it is India’s own initiative for Debit and Credit Card payments, besides being an answer to international payment networks. It also fulfils RBI’s vision of initiating a ‘less cash’ economy, thereby, offering electronic payments.

Rupay Debit Card comes in many categories, but mainly in two types: RuPay Platinum and RuPay Classic. These cards carry your savings account with you anytime, anywhere and you can shop, pay bills, and withdraw cash.

1. RuPay Platinum

With this card, you can celebrate the joys of life every day as it offers several benefits given below. RuPay Platinum Card.

Welcome Benefits: If you opt this card, you can avail a gift voucher from Croma worth Rs 500 or avail 15% Gift voucher from Apollo Pharmacy.

Complimentary Lounge Program: With this card, you can make your travel experience hassle free with access to 30+ domestic lounges two times per calendar quarter per card.

Cashback on Utility Bill Payments: You can also earn 5% cash back on your utility bill payments capped at Rs 50 per month per card.

Comprehensive Insurance Cover: You can also keep yourself and your family safe with Personal Accident Insurance and Permanent Total Disability cover up to Rs 2 Lakhs, according to RuPay website.

Exclusive Merchant Offers: You can celebrate round the year with exclusive merchant offers (POS and Ecom) available on your RuPay Platinum Debit Card, besides availing 24/7 host of referral services from travel assistance to hotel reservations to consultancy services.

2. RuPay Classic

With RuPay Classic Card, you can benefit from a comprehensive insurance cover. The card also offers comprehensive accidental Insurance Cover, therefore, you can keep yourself and your family safe with Personal Accident Insurance and Permanent Total Disability cover upto Rs 1 Lakh.

Under Exclusive Merchant Offers, you would be able to celebrate round the year with exclusive domestic merchant offers (POS and Ecom) available on your RuPay Classic Debit Card.

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Notably, RuPay has collaborated with almost 600 international, regional and local banks across the country, and its ten core promoter banks are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC, according to RuPay website.