The National Payments Corporation of India (NPCI) has completed system integrations to enable e-commerce transactions through RuPay cards of the public sector banks (PSBs).
“RuPay card holders of all public sector banks are now eCommerce enabled,” an NPCI statement said.
The RuPay cards are alternative to foreign cards like Visa and MasterCard, which earn high revenue for facilitating transactions.
There are 140 million RuPay cards in use at present.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
