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RBI MPC announcements: RuPay also allows tokenisation to allow cards to be tokenised on smartwatches, wearables, IoT-enabled devices, and allowing them to conduct card payments.
'RuPay aims to gain traction with the India diaspora who believes in the Power of India' Kunal Kalawatia, Chief of Marketing, NPCI, talks about leveraging the growing need for contactless payments globally by Updated: Mar 8, 2021 4:52 PM Kunal Kalawatia, Chief of Marketing, NPCI talks about the growing need for contactless payments, technological innovations in digital payments, expansion plans and more. How has consumer behaviour towards digital payments evolved in the last year? Digital Payments have been fulfilling the deep need of consumers like ease,...
NCMC to be fully operationalised on Delhi Metro’s Airport Express Line with RuPay 55 Mumbai: National Payments Corporation of India announced that the Delhi Metro Rail Corporation will accept the National Common Mobility Card (NCMC) for metro travel on the 23 km long Airport Express Line from New Delhi to Dwarka Sector-21 starting 28th December 2020. With this initiative, more than 1 crore RuPay contactless cardholders can use their cards on this line seamlessly to board on the train and skip long ticketing queues. Passengers travelling on the Airport Line need not buy a separate token or ...
NPCI introduces a new reloadable wallet feature for offline RuPay contactless payments With the reloadable wallet feature, customers can store money to ensure quick transactions without any irregularities even if they have poor connectivity at the POS machines. Dec 22, 2020 13:15:13 IST The National Payments Corporation of India (NPCI) has introduced the RuPay Contactless (Offline) feature. The feature also provides reloadable wallets within RuPay Card for everyday transit payments as well. According to a statement by NPCI, it has also introduced the feature for retail payments on pilot basis...
Explained: RuPay Cards Can Be Used for Offline Payments and Shopping FOLLOW US ON: The National Payments Corporation of India (NPCI) has announced that RuPay cards now support RuPay Contactless feature for retail payments in the country. The new feature essentially enables RuPay debit and credit card users to make offline payments at point-of-sale (PoS) devices using Near-Field-Communication technology. With the latest development, the NPCI would also hope to boost digital transaction in the country amid the COVID-19 pandemic. NPCI had previously stated that as of January 2020, a total of 600...