Local card network has seen its share climb to 16% in two years; if UPI link remains exclusive, it could rise further.

If India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...

National Payments Corporation of India (NPCI) has started offering financial incentives to banks to push RuPay credit cards to their custom...

RuPay exclusive airport lounge: The National Payments Corporation of India has released new guidelines for complimentary access of RuPay ex...

The market share of RuPay cards is expected to improve soon as banks implement the recent Reserve Bank of India (RBI) directive, offering c...

The Reserve Bank of India (RBI) is set to transfer the right to choose a card network, such as Visa, Mastercard, American Express, Diners C...

The Reserve Bank of India (RBI) has proposed new rules to promote competition between global card networks, while also promoting the use of...

In the letter, PCI has sought a “level playing field” for RuPay “to compete with its peers to attain its full potential”, especially when i...

Currently, RuPay cards are accepted at the points of sale (PoS) machine powered by Discover of the US, Diners Club, JCB of Japan, Pulse and...

Currently, RuPay cards are accepted at the points of sale (PoS) machine powered by Discover of the US, Diners Club, JCB of Japan, Pulse and...

"This incentive scheme will promote digital payments by incentivising banks to build a robust digital payments ecosystem and to promote RuP...

Under the Incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions, the government pays banks an incenti...

This report by the firm came right after the Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 bill...

The Union Cabinet on Wednesday approved promotional incentives for Rupay debit cards and low-value transactions of BHIM (UPI). Incentives w...

Banks and digital payments providers have met with officials of the finance and information technology ministries, seeking a ‘flat, slab-ba...

The state finance minister, Amit Mitra, shot off a letter to Sushil Modi, chairman of the GST Implementation Committee, in this regard ahea...

Citrus Pay has entered into tie-ups with RuPay and Visa and a host of other initiatives to expand its business in the payments space.