NPCI enables offline payments for RuPay Contactless cards
NPCI is trying to popularise contactless payments beyond transit use cases among merchants as well. Now, with the limit being extended to Rs 5,000, contactless payments can be used for a wider range of services.
RuPay_Debit Card_Credit card
The National Payments Corporation of India has enabled an offline payments feature on RuPay Contactless cards. In a press note on December 16, the retail payments network says that the feature is a part of the transit payments system and has been enabled for retail payments on a pilot basis.
This feature will provide reloadable wallets within the RuPay card where transactions can be processed even when network connection is absent or weak. Consumers can store money within the wallets for these transactions.