Dedicated to India: 8 May 2014
Logo: Tri Colour of National Flag
ABOUT RuPay
RuPay is an Indian domestic card scheme conceived and launched by the National Payment Corporation of India (NPCI) .
It was created to fulfil the Reserve Bank of India’s desire to have a domestic, open loop, and multilateral system of payments in India. RuPay facilitates electronic payment at all Indian banks and financial institutions, and competes with MasterCard and Visa in India. NPCI maintains ties with Discover Financial to enable the card scheme to gain international acceptance.
Government of India launched a Scheme Pradhanmantri Jan Dhyan Yojna to boost RuPay. Persons who open account Under Jan Dhan Yojna, Bank provide them RuPay Card, which accepted by the All Automated Teller Machine (ATM), all over India and World.
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