Itz Cash partners with RBL Bank for Rupay Platinum Prepaid Card

MUMBAI: Domestic remittance and payments company ItzCash, has partnered with RBL Bank to launch a co-branded, ' Rupay Platinum Prepaid Card'.

The multi-purpose prepaid wallet powered by the homegrown digital payments facilitator RuPay, will roll out prepaid services across physical and virtual platforms.

Offering an alternative to cash transactions the instrument will service general spend, online shopping, In-App payments, ATM cash out, gift giving and corporate rewards among others.

The Rupay prepaid wallet will be available across ItzCash's digital and physical network and after completing a one-time registration will provide ease of operations to make purchases in stores, pay bills, book tickets online, as well as withdraw cash at any ATM that accepts RuPay.

"The service will ensure seamless interoperability, access to a large captive customer base to unlocking multiple solutions and thus driving the prepaid program of the country," said Naveen Surya, managing director, Itz Cash.