RuPay
Global Cards crosses 6.4 Crore
National
Payments Corporation of India (NPCI) has reached a milestone by issuing over 64
million RuPay Global cards, since first issuing it in 2014. NPCI
which manages the RuPay card network in the country issues RuPay Global cards
that run on the Discover Network when used outside India.
This partnership helped
Indian homegrown card payment network RuPay to expand its footprint globally as
well. Ms. Praveena Rai, Chief Operating Officer of NPCI said, “We have been
focusing on growing international acceptance for our 64 mn RuPay Global Card
consumers.
The acceptance of RuPay Global cards with the partnership of
Discover reaches 41 mn plus merchants, across 190 countries and is constantly
growing. With 200+ international offers for RuPay Global Card holders, the
acceptance gets sweetened for the consumer”
Leveraging the established
interconnection between the two payment networks, the scope of this strategic
relationship covers issuance of co-branded RuPay-Discover debit and credit
globally accepted cards by NPCI member banks in India. The RuPay Global Debit
and Credit cards are currently issued by 40 banks. They can be used for
purchases at merchant locations and cash withdrawals on the Discover Global
Network at major countries like USA, Singapore, Srilanka etc. where cardholders
travel. The Discover Global Network includes Discover Network, Diners Club
International, PULSE and affiliated networks. Page 2 of 3 Public -
Marketing
“Our relationship allows
RuPay Global cardholders to use their cards at millions of locations while
traveling abroad via the Discover Global Network,” said Joe Hurley, Senior Vice
President and Head of Global Business Development at Discover.
“As the
cardholder numbers grow, Discover is providing more people the ability to use
their card of choice while out of the country.” Currently the RuPay Global
Cards are issued in five variants namely, RuPay Classic Debit Card, RuPay
Classic Credit Card, RuPay Platinum Debit Card, RuPay Platinum Credit Card and
RuPay Select Credit Card.
Features of RuPay Select Credit
Card
· Targeted at the
affluent segment, the card serves as a catalyst in living dreams unhindered and
offers a lifestyle that is nothing less than lavish.
· Rewards a customer
with unsurpassed entitlements including complimentary domestic and
international lounge access to 700 plus lounges worldwide and 30 plus lounges
in India.
· Offers exclusive
24X7 concierge services related to travel, dining and entertainment.
· Provides personal
accident insurance cover worth Rs. 10 lakhs.
· 5
percent cashback at ATM and 10 percent cashback at POS on using card abroad.
Features of RuPay
Platinum Debit Card
· Targeted towards
the youth of India who aspires for more.
· Amazing round the
year cashback offers at restaurants, fuel stations and for utility bill
payments.
· Presents a
plethora of attractive offers and discounts that are valid on a wide network of
online and offline merchants.
· Provides personal
accident insurance cover worth Rs. 2 lakhs.
· Rewards a customer
with unsurpassed entitlements including complimentary domestic and
international lounge access to 700 plus lounges worldwide and 30 plus lounges
in India.
· 5
percent cashback at ATM and 10 percent cashback at POS on using card abroad.
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