PM Modi, Bhutan PM jointly launch RuPay card Phase-II
4 years, 1 month ago

PM Modi, Bhutan PM jointly launch RuPay card Phase-II

The Hindu  

Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering on Friday launched RuPay card Phase-II that will allow Bhutanese card holders to access the RuPay network in India. The prime ministers of the two countries had jointly launched Phase-I of the project during Mr. Modi’s state visit to Bhutan in August last year. In his speech via video conferencing, PM Modi spoke about the deep cooperating between the countries in a gamut of fields, including ISRO’s preparation to launch Bhutanese satellites into space and BSNL’s agreement with Bhutan regarding third international internet gateway. Phase-II will now allow Bhutanese card holders to access RuPay network in India,” the Ministry of External Affairs had said in a statement.

India Card Modi Bhutan Rupay Bhutanese  bhutanese  network  india  jointly  prime  pos  modi  phaseii  bhutan  rupay  launch  card  access

History of this topic

NPCI unveils new lounge access policy for RuPay credit cards effective January 1, 2025. Details here
4 weeks, 1 day ago

NPCI unveils new lounge access policy for RuPay credit cards effective January 1, 2025. Details here

Live Mint  

In the recent past, most banks have either reduced the benefits of their credit card reward program or allowed some benefits on spending a specified amount. The National Payments Corporation of India has come up with a RuPay exclusive lounge access policy for RuPay credit card holders. NPCI’s exclusive lounge access policy: Spend-based access The RuPay Exclusive Lounge access will …

NPCI unveils new lounge access policy for RuPay credit cards effective January 1, 2025. Details here
4 weeks, 1 day ago

NPCI unveils new lounge access policy for RuPay credit cards effective January 1, 2025. Details here

Live Mint  

Credit cards: RuPay has set up an exclusive lounge for its credit cardholders at the Delhi airport. The National Payments Corporation of India has come up with a RuPay exclusive lounge access policy for RuPay credit card holders. NPCI’s exclusive lounge access policy: Spend-based access The RuPay Exclusive Lounge access will be only for RuPay The RuPay Exclusive Lounge access …

Maldives plans RuPay launch to strengthen ties with India
7 months ago

Maldives plans RuPay launch to strengthen ties with India

Live Mint  

Maldives has planned to launch India's RuPay service amid soaring ties between the two countries. "We are currently engaged in discussions with India to explore avenues for facilitating payments in rupees," the Maldivian minister said. In August 2022, the then President of Maldives Ibrahim Mohamed Solih said, “The two leaders welcomed the ongoing work to operationalize the usage of Rupay …

UPI Services Will Begin in Sri Lanka and Mauritius
10 months, 1 week ago

UPI Services Will Begin in Sri Lanka and Mauritius

Deccan Chronicle  

Prime Minister Narendra Modi, along with Sri Lankan President Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth, will witness the launch of the Unified Payment Interface services in Sri Lanka and Mauritius and also the RuPay card services in Mauritius on Monday afternoon via video conferencing, New Delhi announced on Sunday. The launch of the service in India's southern …

India in talks with countries in LatAm, Africa for UPI, RuPay
1 year, 3 months ago

India in talks with countries in LatAm, Africa for UPI, RuPay

Live Mint  

New Delhi: India is in talks with several South American and African nations for introducing Unified Payment Interface and RuPay cards, in its efforts to establish the payment platforms internationally, a senior government official said. “The discussions are primarily on with high commissions embassies, and are at various stages of negotiations, as India looks to internationalise these platforms,” the official …

Rupay prepaid forex cards now permitted for issuance by banks, says RBI Governor
1 year, 6 months ago

Rupay prepaid forex cards now permitted for issuance by banks, says RBI Governor

Hindustan Times  

Banks will now be able to issue RuPay Prepaid Forex cards, Reserve Bank of India Governor Shaktikanta Das announced on Monday while reading out the monetary policy statement after a three-day deliberation. Meanwhile, RBI's monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent. Barring the April pause, the RBI raised the repo rate by …

NPCI's Global Vision: Empowering RuPay To Compete With Visa and Mastercard
1 year, 7 months ago

NPCI's Global Vision: Empowering RuPay To Compete With Visa and Mastercard

News 18  

National Payments Corporation of India is exploring options for further tie-ups to strengthen the global acceptability of RuPay debit cards. It has strengthened its network capabilities by launching RuPay JCB Global Card in association with JCB International Co Ltd in July 2019. The RuPay JCB Global card can be used at RuPay card accepting points in India and JCB card …

India, Russia plan RuPay-Mir card use amid West sanctions on Moscow
1 year, 7 months ago

India, Russia plan RuPay-Mir card use amid West sanctions on Moscow

Hindustan Times  

India and Russia will explore the possibility of accepting RuPay and Mir cards in each other's country for hassle-free payments amid sanctions imposed by the West on Moscow. The meeting, co-chaired by External Affairs Minister S Jaishankar and Russia Deputy Prime Minister Denis Manturov, also agreed to explore the possibility of interaction of Unified Payments Interface of National Payment Corporation …

No charges on using RuPay credit card for UPI transactions less than ₹2,000
2 years, 2 months ago

No charges on using RuPay credit card for UPI transactions less than ₹2,000

Hindustan Times  

The National Payments Corporation of India in a circular has said unified payments interface transactions up to ₹2,000 for RuPay credit card user won't be charged. Earlier, Reserve Bank of India's deputy governor T Rabi Sankar had said that the basic objective of linking the credit cars to UPI is to provide a customer with wider choice of payments. Earlier, …

UPI expands further globally; Indian travellers to U.K. to enjoy hassle-free digital transactions
2 years, 4 months ago

UPI expands further globally; Indian travellers to U.K. to enjoy hassle-free digital transactions

The Hindu  

Expanding further outside India, the indigenously developed real-time payments solution the Unified Payments Interface will foray into the United Kingdom market starting with QR code-based transactions. The NPCI International Payments Ltd has forged a partnership with payments solutions provider PayXpert to internationalise the acceptance of its payment solutions in the U.K. NIPL is the wholly-owned subsidiary of National Payments Corporation …

RBI allows credit cards to be linked to UPI; Rupay credit cards first in line
2 years, 6 months ago

RBI allows credit cards to be linked to UPI; Rupay credit cards first in line

The Hindu  

The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface, which will enable more people to make payments using the popular platform. "…it is proposed to allow linking of credit cards to UPI," RBI Governor Shaktikanta Das said while announcing the regulatory moves, along with the bi-monthly policy review. He said that Rupay credit …

UPI-Credit Card Linking to be a Reality Soon: RBI to Start with RuPay Credit Card
2 years, 6 months ago

UPI-Credit Card Linking to be a Reality Soon: RBI to Start with RuPay Credit Card

News 18  

RBI MPC Decisions: The Reserve Bank of India on Wednesday, June 8, said that it was proposing to allow linking of credit cards on UPI platforms. The new system will be introduced first by linking RuPay credit cards to UPI, or Unified Payment Interface, and then onboard other cards on the platform, RBI governor Shaktikanta Das said on the day. …

What is RuPay - India's card payment network?
2 years, 7 months ago

What is RuPay - India's card payment network?

Business Standard  

A product of the National Payments Corporation of India, RuPay is India’s indigenous payment network. One of the intentions behind RuPay is to facilitate India’s entry into the global payments market through an indigenous card facility.So, why was RuPay launched?RuPay is meant to fulfil RBI’s vision of creating a ‘less cash’ economy. To this end, RuPay helped reach rural India …

Explained | How India’s new welfare-focused digital payment system e-RUPI works?
3 years, 4 months ago

Explained | How India’s new welfare-focused digital payment system e-RUPI works?

The Hindu  

Prime Minister Narendra Modi launched on Monday a new digital payment system to send government’s monetary benefits directly to beneficiaries’ mobile phones. The e-RUPI system, developed by National Payments Corporation of India, Department of Financial Services, National Health Authority and Ministry of Health and Family Welfare, is said to be leak-proof and offers non-transferable service to citizens. e-RUPI is a …

Digital payment solution 'e-RUPI' to launched in India: What it means and how it works
3 years, 4 months ago

Digital payment solution 'e-RUPI' to launched in India: What it means and how it works

Firstpost  

Prime Minister Narendra Modi today launched e-RUPI, a person and purpose-specific digital payment solution. As per the official statement, “it also ensures that the payment to the service provider is made only after the transaction is completed.” The digital payment solution is developed by the National Payments Corporation of India on its UPI platform, in collaboration with the Department of …

Narendra Modi and Bhutan PM Lotay Tshering jointly launch RuPay card Phase 2
4 years, 1 month ago

Narendra Modi and Bhutan PM Lotay Tshering jointly launch RuPay card Phase 2

Firstpost  

The RuPay cards issued by the Bhutan National Bank will allow card holders to use ATMs and point-of-sale terminals in India New Delhi: Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering on Friday launched RuPay card Phase-II that will allow Bhutanese card holders to access the RuPay network in India. In his speech via video conferencing, Modi …

PM Modi, Bhutanese Counterpart Jointly Launch RuPay Card Phase-II
4 years, 1 month ago

PM Modi, Bhutanese Counterpart Jointly Launch RuPay Card Phase-II

News 18  

Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering on Friday launched RuPay card Phase-II that will allow Bhutanese cardholders to access the RuPay network in India. The prime ministers of the two countries had jointly launched Phase-I of the project during Modi’s state visit to Bhutan in August last year. In his speech via video conferencing, Modi …

PM Modi, Bhutanese Counterpart to Jointly Launch RuPay Card Phase-II on Friday
4 years, 1 month ago

PM Modi, Bhutanese Counterpart to Jointly Launch RuPay Card Phase-II on Friday

News 18  

Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering will on Friday launch RuPay card Phase-II that will allow Bhutanese card holders to access RuPay network in India. The implementation of Phase-I of RuPay cards in Bhutan has enabled visitors from India to access ATMs and Point of Sale terminals across Bhutan. Phase-II will now allow Bhutanese card …

Discover Related