This is how RuPay plans to battle with Visa and MasterCard

The National Payment Corporation of India (NPCI) has charted out a three year growth plan to expand base of its newly launched first ever indigenous payment gateway - Rupay. This in turn, is likely to give a good run for money to the multinational biggies like Visa or MasterCard.

March 29, 2012 / 01:52 AM IST

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Saikat Das
Moneycontrol.com

The National Payment Corporation of India (NPCI) has charted out a three year growth plan to expand base of its newly launched first-ever indigenous payment gateway - Rupay. This in turn, is likely to give a good run for money to the multinational biggies like Visa or MasterCard. It now plans to use its just-launched debit cards for online transactions.

Tags: #A P Hota #Axis Bank #Business #Chief Executive Officer #Debit Cards #HDFC Bank #ICICI Bank #Mastercard #National Payment Corporation of India #NPCI #PoS terminals #Rupay #Saikat Das #Visa

first published: Mar 28, 2012 02:28 pm

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