NPCI had brought to life RuPay debit cards in 2012. June 3, 2025 ... The scheme was conceived by NPCI, ... The idea of a domestic card is to break the dominance of international majors such as ...

RuPay is a strong player in the debit card and prepaid card space. We are now focussing our attention to establish strongly in the credit card space as well," Rai said. She added that in the past two ...

An initiative of RBI and IBA under the provisions of the Payment and Settlement Systems Act, 2007, NPCI was initiated for creating a robust payment and settlement infrastructure in the country.

CoreCard proudly celebrates its certification for RuPay Credit Card Issuance through NPCI Partner Program — a significant step in strengthening its role in India's payments ecosystem. This ...

Banking institutions and online payments providers in India have asked the nation’s government to bring back the Merchant Discount Rate (MDR) on RuPay, which is an international card payment ...

In a letter to the finance ministry, marked to the Reserve Bank of India (RBI), Indian Banks Association (IBA) has sought an acceptance development fund (ADF) to be managed by the central bank.

IndusInd Bank’s “Samman RuPay Credit Card” seamlessly integrates UPI flexibility with exclusive benefits for an enhanced banking experience. Abeer Ray Published 9 Jan 2024, 03:29 PM IST ...

The proposal includes “discounted MDR on RuPay to make it competitive with Visa and Mastercard” bank cards, and flat, “slab-based MDR on UPI transactions.” ...

The National Payments Corporation of India (NPCI) is focussing on gaining new customers to expand the indigenous RuPay-enabled credit card base, as the retail payments umbrella body is still a new ...