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National Payments Corp to launch three cards

The company will launch a 'Mudra' card, a credit card and an international card, its Chairman M Balachandran told reporters here.

Payments banks: NPCI to ramp up capacity to 100 mn deals a day

"We are ramping up the switching capacity from 40 million per day to 100 million. We are fully geared for all the payments banks," its managing director and chief executive A P Hota said last week.

NPCI cuts inter-bank ATM transaction fees by 10%

The National Payments Corporation of India (NPCI) on Friday announced a 10 percent or 5 paise reduction in charges for transactions on its inter-bank ATM network.

SBI launches RuPay Platinum debit card

Country's largest lender State Bank on Thursday launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI).

NPCI brings all 56 regional rural banks under RuPay network

National Payments Corporation of India (NPCI) on Friday said it has enabled all 56 regional rural banks under its central payment systems network with RuPay cards and access to National Automated Clearing House service.

Virtual form of RuPay card on anvil

After launching the RuPay debit card, National Payments Corp (NPCI) is set to come out with its virtual form in the next few months, a move that will give further push to smartphone-based transactions.

NPCI scrambles to issue RuPay cards as Jan Dhan accounts zoom

Over the weekend, financial services secretary G S Sandhu had said that banks had opened 4 crore accounts so far and mobilised about Rs 3,700 crore as deposits in these accounts.

PM Narendra Modi launches Jan Dhan Yojana

Prime Minister Narendra Modi on Thursday launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons with no access to formal banking facilities.

Narendra Modi to launch Jan Dhan Yojana today; 1 crore bank A/Cs to be opened on day 1

Prime Minister Narendra Modi is today launching his ambitious Jan Dhan Yojna, which will provide a bank account for every Indian household.

RuPay Card base to touch 25 mn by Mar: NCPI

"We have so far issued 14 million RuPay cards, and this will touch 25 million by the end of March," NPCI Managing Director and Chief Executive Abhay P Hota said.

Hiking ATM fees: NPCI forms six-bank panel

To make operations of automated teller machines (ATMs) viable, the National Payments Corporation Wednesday convened a committee of six banks to come up with suggestions around cost and charges for use of the ubiquitous machines.

NPCI launches e-commerce solution in RuPay Card

The National Payments Corporation (NPCI) Friday launched its e-commerce solution named 'RuPay PaySecure' that will enable all RuPay card holders to make online payment.

NPCI to launch RuPay global cards by July

National Payments Corporation of India (NPCI) Friday said its RuPay debit card will go international by July and announced a tie-up with an American card issuer.

NPCI to tie up with Airtel Money soon

Till now, the non-banking mobile wallet companies have not come on the interbank mobile payment services (IMPS) platform even though the sector regulator RBI has given its nod.

Any bank can now join national financial switch: NPCI

The National Payments Corporation of India (NPCI) has said any bank with round-the-clock core banking solution capabilities, with/out ATMs, can now join the national financial switch (NFS) through a sponsor bank.

NTPC-NPCIL may get Dept. of Atomic Energy nod in 2-3 months

State-owned NTPC`s proposed joint venture with Nuclear Power Corporation of India for setting up a 2,000-MW atomic power plant is likely to be formalised in the next 2-3 months, sources said.

Narayana Murthy to join NPCI board as non-exec Chairman

Infosys chief mentor, N R Narayana Murthy is likely to become the non-executive Chairman of the National Payment Corporation of India (NPCI) being set up to handle the retail payment operations of the Reserve Bank of India.