RuPay is Indiaβs indigenously-developed multinational financial service that was launched by the National Payments Corporation of India (NPCI) as a payment service system. Now, its function is exactly the same as that of any other payment service systems, namely, VISA, Master or American Express. It is accepted everywhere in India and many other countries have also given permission for its use.
Payment service providers have better networks than any other financial institution and are accepted globally as they have license to do business with more or less all the countries with a proper banking system.
There was a monopoly of American companies in this segment but RuPay is the dream child of the Reserve Bank of India and the Government of India to break into the market. The government has done tie-ups with a number of countries and RuPay services are expanding every day.
Hereβs a list of the top RuPay credit cards available in India.
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