SBI Cards and Reliance Retail are launching a credit card on India’s RuPay payment network. The co-branded card marks Reliance’s entry into the credit card space, according to a Tuesday (Oct. 31) Reuters report on the collaboration. The report noted that the card could entice customers to rewards at Reliance Retail’s...
When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were to reduce the cost burden on banks and the country’s dependency on foreign processors. And in the eight years since...
Today in Europe, the Middle East and Africa (EMEA) news, Worldline partners with the National Payments Corporation of India (NPCI) to expand the acceptance of Indian payment methods across Europe. Plus, B2B buy now, pay later (BNPL) provider Hokodo launches a Shopify integration for merchants....
In today’s FinTech news, Sam Mizrahi and Jon Fath are working together to launch the financial super app Rauva to serve freelancers and small businesses in Europe’s Mediterranean region. Plus, Banking-as-a-Service firm NymCard locked down $22.5 million in funding to expand its workforce, products and...
May 11, 2020
Though the issue has captured a lot of attention lately as the demand for online grocery order for pick-up or delivery has become a critical priority for many consumers, giving food stamp (SNAP program) recipients the ability to use their EBT cards online to pay for groceries is far from a new effort. In fact, […]
December 27, 2023
IndusInd Bank has launched a corporate credit card on the RuPay network. With this launch, the new eSvarna corporate credit card will integrate Unified Payments Interface (UPI) functionality, the bank said in a Tuesday (Dec. 26) press release. “The product comes from our deep understanding of the segment and we are delighted to introduce a compelling proposition for Indian professionals and […]
October 31, 2023
SBI Cards and Reliance Retail are launching a credit card on India’s RuPay payment network. The co-branded card marks Reliance’s entry into the credit card space, according to a Tuesday (Oct. 31) Reuters report on the...
June 08, 2022
The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface (UPI), which will enablFinTeche more...
November 28, 2021
Visa has raised concerns with the U.S. Trade Representative (USTR) about India favoring the domestic payments card provider RuPay, three years after Mastercard did so privately in 2018, Reuters reported Sunday (Nov. 28). “Visa remains concerned...
