RBI brings out policy paper to encourage new payment system operators

Payal Ganguly

In a bid to encourage competition among payment platforms and reduce the risk of concentration among a few players, the Reserve ....

22 January, 2019

Govt body running payment system RuPay valued at $70M

Ishaan Gera

Public sector lender Corporation Bank said it will acquire 1.06 per cent stake in National Payments Corporation of India (NPCI), ....

13 January, 2016

RuPay cards of all PSBs are now e-commerce enabled: NPCI


The National Payments Corporation of India (NPCI) today said it has completed system integrations to enable e-commerce transactions ....

6 April, 2015

7M RuPay cards issued in first year; pre-paid ​version for train tickets on IRCTC in the offing

Sainul K

As many as seven million cards based on the indigenously developed card payment network RuPay, an alternative to the Visa and ....

9 May, 2014

RBI Announces Rupay, Our Very Own Rupee Card

Team TC

In a boost to India's nascent payment ecosystem, the Reserve Bank of India (RBI) is readying to launch the Rupay card, a domestic ....

23 March, 2011