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.

India’s fast-growing co-branded credit card market may soon see a new entrant: the country’s most valuable firm. Reliance is working with the state-backed lender SBI to launch two co-branded credit ...

RuPay’s share of India’s credit card market climbed to 18 percent in October, according to an industry source, marking a significant gain for the domestic network as it chips away at the dominance of ...

In 1980, Central Bank of India launched the first credit card in India, while Andhra Bank rolled out a VISA-branded credit ...