The National Payments Corporation of India (NPCI) is planning to introduce three new versions of the RuPay card within next one year.

The cards to be launched include a Mudra card, a credit card and an international card, NPCI chairman M Balachandran said.

The Mudra Bank co-branded card will be launched in partnership with Mudra Bank, and will be mainly targeted at micro entrepreneurs.

For the international card, NPCI has joined forces with Discover Network Merchants, which operates Diners Club International.

Moreover, the company is in final stages of talks with China UnionPay (CUP) and Japan Credit Bureau (JCB) for use of each other’s payment networks.

Under the alliance with the credit bureaus, their cards will be allowed to be used in India through the NPCI network, while RuPay cards will be allowed access in any part across the globe through their network.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

RuPay, a card payment settlement system launched by NPCI, is presently being issued as debit and Kisan cards.