ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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RuPay Card: An Alternative

"RuPay", the new Indian alternative to international credit/debit card-based systems, is a boon to the Indian user and merchant. Fees for both will be lower and the need to go in for expensive international settlement can be avoided. RuPay, an initiative of the RBI, can be issued by cooperative and regional rural banks as well; this will enable usage in smaller towns hitherto excluded from the Visa/MasterCard system.

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