NPCI plans to roll out three new versions of RuPay

155

RuPay.svgThe National Payments Corporation of India (NPCI) is planning to launch three new versions of RuPay, the Indian version of payment settlement card, within the next one year.

Currently, RuPay card is being issued as debit and Kisan cards.

“The company is planning to roll out a Mudra card, a credit card and an international card,” NPCI Chairman M Balachandran said.

The Mudra card will be launched in association with Mudra Bank, to cater to entrepreneurs while the new credit card will further popularise RuPay brand among the customers.

Currently, NPCI reportedly has capacity to handle 40 million transactions a day. The corporation will ramp up its capacity to handle 100 million deals a day.