The bank partnered with the National Payments Corporation of India (NPCI) to provide RuPay with credit cards customers can use on the payment platform.
The partnership aims to expand and diversify the bank’s client portfolio services, providing contactless and rewarding payment methods to Indian customers, while promoting the country’s digitalisation. However, the major drawback of RuPay is that it is mainly accepted by domestic payment gateways, which means carrying out international transactions might not be possible, as by comparison to card holders from major payment processors like Amex, Visa, and Mastercard.
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