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Digital payments: 5 reasons why you should opt for a Rupay credit card

But you just be aware of its limitations like lower credit limit

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After April s fall, credit card spends hit a high of ₹1 4 lakh cr in May

After April s fall, credit card spends hit a high of ₹1 4 lakh cr in May
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RBI permits banks to issue RuPay Prepaid Forex cards

In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas. Further, RuPay Debit, Credit, and Prepaid Cards will be

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Indian banks can issue Rupay prepaid forex cards: RBI Governor - News Today

Indian banks can issue Rupay prepaid forex cards: RBI Governor - News Today
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RBI aims to bring RuPay on par with global card rivals

India s central bank, the RBI, is taking steps to boost the international presence of its domestic RuPay card, which has over 672 million debit card users, by allowing the issuance of foreign currency cards, including prepaid forex cards. Experts say the move will increase acceptance of RuPay overseas, allow corporates and individuals to use the cards abroad, and position it alongside global payment networks like Mastercard and Visa. The RBI also approved the use of RuPay credit cards on UPI, a facility its rivals don t have access to so far. Bhutan, Singapore, UAE and Nepal have already operationalized RuPay cards.

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