NPCI strengthens RuPay Contactless with new features 22
Mumbai: National Payments Corporation of India (NPCI) said that it has introduced RuPay Contactless (Offline) feature, which also provides reloadable wallets within RuPay Card, for day to day transit payments. NPCI has also introduced RuPay Contactless (Offline) feature for retail payments on pilot basis. These additional features will augment the overall transaction experience for the RuPay cardholders and revolutionize the overall card payment ecosystem.
This RuPay card comes with a reloadable wallet feature where customers can store money to ensure quick and seamless transactions without any irregularities even if they witness poor connectivity at the POS machines. The RuPay NCMC (National Common Mobility Card) offline wallet can be used to make ticket payments in transit including metros, bus tickets, cab fares etc enabling automatic quick cashless payments, thereby, reducing the wait time, traffic congestion and in turn
Synopsis
RuPay cardholders can make contactless offline payments at POS (point of sale) in areas with limited network and an additional feature of reloadable wallets in the form of RuPay contactless (offline) will facilitate seamless day-to-day retail transactions, the NPCI said.
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The NPCI said these unique feature will benefit the customers immensely by opening up new avenues of acceptability and creating a greater penetration of RuPay s network in the country.
The National Payments Corporation of India (NPCI) on Wednesday said it has added features in RuPay cards that will allow offline transactions even in areas with limited internet connectivity, besides offering a reloadable wallet facility to boost seamless retail transactions.
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.
NPCI adds offline transactions feature in RuPay cards, reloadable wallet facility for retail payments
Updated:
Updated:
December 16, 2020 17:27 IST
These unique feature will benefit the customers immensely by opening up new avenues of acceptability and creating a greater penetration of RuPay’s network in the country, it said
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NPCI said with the relodable RuPay NCMC card, customers can store money to ensure quick and seamless transactions without any irregularities even if they witness poor connectivity at the POS machines. File.
These unique feature will benefit the customers immensely by opening up new avenues of acceptability and creating a greater penetration of RuPay’s network in the country, it said
Updated Dec 16, 2020 | 19:36 IST
Now, RuPay cardholders can make contactless offline payments at POS (point of sale) in areas with limited network NPCI introduces offline transactions, reloadable wallet features in RuPay cards
Key Highlights
RuPay cardholders can make contactless offline payments at POS in areas with limited network
An additional feature of reloadable wallets in the form of RuPay Contactless (offline) will facilitate seamless day-to-day retail transactions
New Delhi: National Payments Corporation of India (NPCI) said that it has introduced RuPay Contactless (Offline) feature, which also provides reloadable wallets within RuPay Card, for day to day transit payments.
NPCI has also introduced the RuPay Contactless (Offline) feature for retail payments on a pilot basis. These additional features will augment the overall transaction experience for the RuPay cardholders and revolutionize the overall card payment ecosystem.