Page 3 - Rupay

Top headlines: DoT objects to RCom resolution plan, AGR case update, & more

Here are the top headlines on Thursday morning

SBI Card, IRCTC launch co-branded contactless credit card on RuPay platform

SBI Card and IRCTC launched a co-branded card on RuPay platform for secure and fast transactions

Adityanath calls for promoting digital payments in UP to minimise crowding

Instructs officials to ensure banks followed social distancing protocols

Banks association asks NPCI to scrap MDR on UPI, RuPay card transactions

Finance Minister Nirmala Sitharaman had said in the last Budget that no charge would be levied on UPI and Rupay transactions

Paytm launches all-in-one QR for merchants, to enable unlimited payments

This QR will enable merchants to accept unlimited payments through Paytm Wallet, Rupay Cards and all UPI-based payment apps directly into their bank account at zero per cent fee

MDR waiver: RBI may pay Rs 1,800 cr to banks to fund free transactions

Finance Minister Nirmala Sitharaman last month said no Merchant Discount Rate (MDR) charges will be applicable on transactions through homegrown RuPay and UPI platforms

RuPay International to offer cashback up to Rs 16K for transactions abroad

Indians travelling to the UAE, Singapore, Sri Lanka, the UK, the US, Spain, Switzerland and Thailand will be able to earn up to Rs 16,000 cashback per month

FM's New Year gift: No MDR charges on RuPay, UPI payments from Jan 1

Department of Revenue (DoR) will soon notify RuPay and UPI as the prescribed mode of payment for digital transactions without any Merchant Discount Rate

RuPay takes small finance bank route for network expansion

Promoting digital adoption among low income, rural clients through incentives

PM Modi's Singapore visit to put India's RuPay card on global stage

For India, an acceptance of RuPay card by Singapore is a major stepping stone to the wider acceptance of the Rupee abroad

RuPay credit cards operational since June 15: NPCI chief

He said NPCI is also in talks with private banks to issue Rupay Credit Cards

NPCI to roll out RuPay credit cards

The banks which are working on the credit card includes public sector banks and a cooperative bank

RuPay debit cards to gain from small finance banks

It is set to emerge as the dominant player in debit cards issuance

200 more cooperative banks under RuPay card

National Payments Corporation of India (NPCI) has enabled over 200 District Central Co-operative Banks (DCCBs) under RuPay Debit Card network. With this now NPCI has digitised about two-thirds of 675 districts in the country through its network of Regional Rural Banks (RRBs). NPCI also stated that there are over 280 million RuPay card holders who have an access to 2.2 lakh plus ATMs and over 1.2 lakh point of sale (PoS) terminals across the country.

RuPay credit card launch delayed further

Delay in launch because NPCI now working on a higher capacity financial technology infrastructure

RuPay to launch credit cards in Sept

Initial focus to be on two variants - regular and platinum; it will gradually extend portfolioto co-branded cards