January 25, 2021 12:57 am
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Tag: NPCI

npci, rupay card, digital payment

RuPay partners with RBL Bank to launch PoS services

RuPay PoS will transform smartphones into merchant Point of Sale (PoS) terminals for the retailers.
npci, rupay card, digital payment

NPCI introduces contactless feature in RuPay card

NPCI said that it has introduced RuPay Contactless (offline) feature, which also provides reloadable wallets within RuPay Card for day-to-day transit payments.
Contactless card transactions and e-mandates on card (and UPI) for recurring transactions have enhanced customer convenience in general while benefitting from increased use of technology.

RBI raises limit for contactless card transactions to Rs 5,000 from Jan 1, NPCI hails the announcement

As a part of its bi-monetary policy announcement, the Reserve Bank of India (RBI) has proposed to increase the limit for contactless card transactions to Rs 5,000 from Rs 2,000 per transaction from January 1, 2021. According to the RBI's statement on developmental and regulatory policies, contactless card transactions and...
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