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RBI aims to bring RuPay on par with global card rivals

Indias central bank, the RBI, is taking steps to boost the international presence of its domestic RuPay card, which has over 672 million debit card users, by allowing the issuance of foreign currency cards, including prepaid forex cards. Experts say the move will increase acceptance of RuPay overseas, allow corporates and individuals to use the cards abroad, and position it alongside global payment networks like Mastercard and Visa. The RBI also approved the use of RuPay credit cards on UPI, a f...
United Arab Emirates Rajsri Rengan Adhil Shetty Gurjodhpal Singh Akash Sinha Cashfree Payments

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