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RUPAY CARD NEWS
Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...
Free access to RuPay exclusive airport lounge: New guidelines released by NPCI to be applicable for these peopleRuPay exclusive airport lounge: The National Payments Corporation of India has released new guidelines for complimentary access of RuPay ex...
NPCI posts 37% jump in FY24 net profit to Rs 1,134 crore, revenue up 42%NPCI has reported a 37% growth in its net profit at Rs 1,134 crore for FY24. Total revenue was up 42% at Rs 3,278 crore on a consolidated b...
Rupay credit cards on UPI will now earn same reward points like other RuPay cards including on these UPI transactionsRuPay credit card: The National Payments Corporation of India (NPCI) in a circular directed all RuPay credit card issuing banks to ensure t...
UPI boosts RuPay market share; cost pressure for gaming firmsHappy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and ...
Maldives to launch India's RuPay service amid bilateral tensionsDespite recent turbulence in bilateral relations, the Maldives is set to launch India's RuPay service, a move expected to strengthen the Ma...
RuPay card set to gain market share after RBI directive to give consumers a choice of card networkThe market share of RuPay cards is expected to improve soon as banks implement the recent Reserve Bank of India (RBI) directive, offering c...
India's first corporate credit card on RuPay network launched; UPI transactions & lifetime free and moreIndusInd Bank claims to be the first bank in India to launch a corporate credit card on unified payment interface (UPI) network. This card ...
Scoop: Tiger Global’s big bet on IPL; Binny Bansal eyes stake in volleyball team Bengaluru TorpedoesHappy Monday. Global funds and individual investors are all lining up funds for professional sports clubs, a new and emerging trend that we...
There has to be a governance layer if you operate in financial services sector: NPCI chief Dilip AsbeThe NPCI chief, who was in conversation with Pine Labs chief executive Amrish Rau, said currently there is still room for digital payments ...
ETtech Budget Watch: Fintechs seek ‘priority’ tag, sops in 2023 BudgetIn their expectations from finance minister Nirmala Sitharaman, the fintech industry – which has seen several regulatory reforms over the l...
Why Indian banks want US card networks like Visa and Mastercard to have a share of UPI pieUS card networks may get to tap small Indian retailers who otherwise can’t afford them. On that hangs a tale of rivals putting profit befor...
RuPay credit card can’t be used on UPI for these 3 important paymentsThe process of linking a RuPay credit card with the UPI is similar to the way a user links a savings bank account or debit card to UPI. At ...
Can India really overthrow Visa and Mastercard?The decision by global card firms to boycott Russia over its invasion of Ukraine may amplify nationalist sentiments. But will RuPay ever be...
UAE to be first middle east country to launch RuPay CardPrime Minister Modi's third official visit to the UAE on August 23-24 is another important milestone in the bilateral comprehensive strateg...
Paytm Payments Bank opens on Visa, talks on for branded cardsUnorganised merchants on Paytm network a big draw for Visa to grow business.
Government’s RuPay making solid gains in payments spaceData from NPCI shows that RuPay card usage at point-of-sales devices has jumped 135% to 459 million transactions in financial year 2018 aga...