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Dublin, May 25, 2023 (GLOBE NEWSWIRE) -- The "India Payment Market, Volume, Size, Forecast 2023-2028, Industry Trends, Share, Growth, Impact of...

National Payments Corporation of India (NPCI) is exploring options for further tie-ups to strengthen the global acceptability of RuPay debit cards. 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 Union Pay

This needs to be strengthened, and NPCI is working in this direction so that users of RuPay cards are at par with those using Visa or Mastercard, sources said.

N March 2012, RuPay went global by tying up with Discover Financial Services to bring international services to Indians

Currently, RuPay cards are accepted at the points of sale machines powered by Discover of the US, Diners Club, JCB of Japan, Pulse and Union Pay of China.

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 Union Pay of China.

Earlier this year, the Union Cabinet approved a scheme worth Rs 2,600 crore for the promotion of RuPay debit cards and low-value BHIM-UPI transactions.

Earlier this year, the Union Cabinet approved a scheme worth Rs 2,600 crore for the promotion of RuPay debit cards and low-value BHIM-UPI transactions.

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 UPI and FPS

Mutual acceptance of RuPay and Mir cards will facilitate transactions in Indian rupees and Russian rubles, making it easier for citizens of both countries to carry out cross-border payments