RuPay
From ACT Wiki
Funds transfer - infrastructure - India - retail - cards - National Payments Corporation of India.
RuPay is a card payment network in India, owned and operated by the National Payments Corporation of India (NPCI).
The name RuPay is derived from "Rupee" and "Payment".
- Focus on India - card schemes
- "In order to create a competitor to the two main international card schemes – Visa and Mastercard – the NPCI has created RuPay as an alternative and much cheaper alternative."
- The payments landscape - Barclays Bank.
See also
- Card
- Card scheme
- Immediate Payment Service (IMPS)
- Infrastructure
- India
- Instant payments
- Mastercard
- National Electronic Funds Transfer (NEFT)
- National Payments Corporation of India (NPCI)
- Platform
- Retail
- Payments and payment systems
- United Payments Interface (UPI)
- Visa