RuPay Card

RuPay Card is an ATM card based on indigenous payment system developed by National Payments Corporation of India (NPCI). Its name is derived from two words ‘Rupee’ and payment. It is used like multinational Visa, American Express and MasterCard. RuPay Card was developed by National Payments Corporation of India (NPCI) in April 2011. On 8 May 2014, President of India Shri Pranab Mukherjee dedicated India’s own payment card ‘RuPay’ to the nation. Reserve Bank of India had envisaged the need for such an indigenous service in 2005.