RuPay cards News

The deposits in these accounts are above Rs 2.03 lakh crore and about 34 crore RuPay cards have been issued in these accounts free of cost.

India's largest payments platform Paytm on Wednesday (January 8) announced the launch of its All-in-One QR for merchants across the country. This QR will enable merchants to accept unlimited payments through Paytm Wallet, Rupay Cards and all UPI based payment apps directly into their bank account at zero per cent fee, said a Paytm statement. 

JAM, a term coined, and a vision conceptualised, by our Chief Economic Advisor, is nothing short of a social revolution, because it has brought together financial inclusion (PMJDY), biometric identification (Aadhar) and mobile telecommunications. 

The National Payments Corporation of India (NPCI) on Monday said it has completed system integrations to enable e-commerce transactions through RuPay cards of the public sector banks.

The government has formed a committee which will come out with structures that can be put in place to encourage use of credit or debit cards, Finance Secretary Rajiv Mehrishi said today.

About 98 percent financially excluded households have been covered under the PMJDY.

Banks have achieved the target set by the government to open 10 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) a month before the January 26 deadline.

Government on Friday invited suggestions from public for the successful completion of ambitious financial inclusion programme, Pradhan Mantri Jan-Dhan Yojana.

Finance Ministry on Thursday said 5.29 crore bank accounts have been opened and 1.78 crore RuPay debit cards have been issued so far under the Jan Dhan Yojana.

Prime Minister Narendra Modi promised on Thursday to end "financial untouchability" with a scheme to ensure the majority of households in his country of nearly 1.3 billion people has a bank account within months.

Aiming to take 'RuPay' cards to the international level, Prime Minister Narendra Modi Thursday said the success of financial inclusion scheme Jan Dhan Yojana will pave way for its global acceptance.