RuPay

RuPay transaction volumes rose marginally during the pandemic, value rose 40 per cent

TMS Ep167: Q4 FY22 corporate earnings, Sunil D'Souza, markets, RuPay

What to look for in Q4 FY22 corporate earnings? What are Tata Consumer Products MD Sunil D'Souza's business plans? Is the selling in Indian equities overdone? What is RuPay? Find all answers here

What is RuPay - India's card payment network?

Chief operating officer of National Payments Corporation of India, Praveena Rai, had said the aim of RuPay was to serve the entire population. That's an ambitious goal. Let's understand what RuPay is.

Praveena Rai, chief operating officer, National Payments Corporation of India speaks to Subrata Panda about the journey of RuPay and the aim of the umbrella organisation for operating retail payments

RuPay aims to empower every Indian with a world class payment solution

The three other countries that have the RuPay card are Bhutan, Singapore and the United Arab Emirates

Praveena Rai, Chief Operating Officer of NPCI, said it was delighted to partner with BCCI for IPL, one of the most celebrated sports leagues

Digital transactions have increased many times, but their average ticket size is not growing for the domestic payments card.

Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration

In a country where many state initiatives have been marred by glitches, delays, and corruption, RuPay and the UPI are revolutionary achievements

The solution will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security

The solution will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security

According to Mashable, this move means that Apple users can now pay using domestic payment systems as well as international payment systems

The bank has tied up with National Payments Corporation of India for issuing RuPay cards and will ink a similar deal with VISA

The idea behind SoftPoS is merchants can use their NFC-enabled smartphones as point of sale (PoS) machines to accept contactless payments

Introduced 9 yrs ago, the indigenous card payment network has cornered a sizeable market share, thanks to govt push

It will enable the merchants to turn their smartphones into a PoS machine

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

As of November 2020, around 603.6-million RuPay cards have been issued by nearly 1,158 banks

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