In this article, we will talk about the RuPay payment network of India and see how it works. Since its launch, RuPay has emerged as the largest shareholder in the Debit Card Market. Today, the ...

India will spend nearly $320 million to promote cards on RuPay and for low-value UPI transactions, the latest in a series of moves by New Delhi to fuel the growth of its homegrown payments network.

Not too long ago, making payment to someone meant transferring money by cash or cheque, unless it was mentioned otherwise. Now, the times have changed so rapidly and drastically that the same thing ...

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and ...

In a letter to FM Nirmala Sitharaman, the industry body said that payment aggregator fintechs continue to lose on revenue lines for processing payments through the card infrastructure The PCI said ...

The National Payments Corporation of India (NPCI) has begun offering financial incentives to banks that promote RuPay credit cards, in a strategic shift aimed at accelerating the adoption of domestic ...

Bankers have proposed that the Centre bring back merchant discount rate (MDR) on UPI and RuPay-based transactions for large merchants Merchants whose annual turnover is below INR 40 Lakh will remain ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This launch is part of the bank’s broader objective to offer modern, ...

Samsung Pass, the recently rebranded mobile wallet app for Galaxy smartphones in India, has expanded its mobile payment capabilities. Users in India who have the Samsung Pass feature can now make UPI ...