Wed, Dec 27, 2023
Digital payment growth India, Rupay debit cards, UPI: The Ministry plans to infuse Rs 5,016 crore during fiscal year 2023–24—up from Rs 2,600 crore in 2022–23—to compensate for the discontinued “merchant discount rate” (MDR) that was to be collected as a transaction charge by the merchant and paid to his acquirer bank.
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Thu, Oct 05, 2023
As per the agreement signed by NIPL and AEP, the two bodies will work together to build, implement, and operationalize UAE's national domestic card scheme.
Wed, Jan 11, 2023
The Union Cabinet has approved incentives worth Rs 2600 crore for FY 2022-23 which will be given on the use of Rupay debit cards and BHIM for P2M (person to merchant) transactions.
Wed, Nov 16, 2022
Last month, the Reserve Bank allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to make payments using the popular platform.
Wed, Dec 16, 2020
NPCI has also introduced RuPay Contactless (Offline) feature for retail payments on pilot basis.
Fri, Nov 20, 2020
Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering on Friday launched RuPay card Phase-II.
Wed, Oct 28, 2020
With an aim to bring in cheer for customers in a new way this festive season, National Payments Corporation of India (NPCI) has announced the launch of ‘RuPay Festive Carnival’.
Mon, Aug 31, 2020
If any bank has deducted charges for your UPI, UPI QR Code or RuPay Cards transactions, then the bank will have to refund it.
Mon, Jul 22, 2019
This credit card can be used at RuPay card accepting points in India and JCB card accepting points outside India for both POS and bank ATM.
Thu, Mar 07, 2019
The RuPay Global cards runs on the Discover Network when used outside India. The break globally has helped Indian homegrown card payment network RuPay to expand its footprint.
Mon, Feb 20, 2017
The government of India on Monday approved the functioning of an independent Payment Regulatory Board at the launch of BharatQR code held today.
Tue, Dec 27, 2016
The market is so large that other platforms like the mobile wallets from Paytm and others can still make a large profitable business.
Sun, Dec 25, 2016
Prime Minister Narendra Modi on Sunday announced lucky draw schemes for people who use digital payment methods including e-banking, mobile banking and e-wallets.
Sun, Dec 11, 2016
In a bid to promote electronic transactions, NITI Aayog has asked NPCI to frame an award scheme to incentivise people using digital mode for making payments through weekly and quarterly lucky draws.
Fri, Nov 11, 2016
National Payments Corporation of India (NPCI) on Friday said “RuPay usage on Point Of Sale (PoS) / e-Commerce was around 8 lakh transactions a day compared with a daily average of 4 lakh transactions earlier. The value of transactions almost doubled.”
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