Rupay Debit Card
What is RuPay ATM Debit Card
RuPay is the first-of-its-kind domestic Card payment network of India, with wide acceptance at ATMs, POS devices and e-commerce websites across India. It is a highly secure network that protects against anti-phishing. The name, derived from the words ‘Rupee and ‘Payment’, emphasizes that it is India’s very own initiative for Card payments. It is our answer to international payment networks, expressing pride over our nationality.
RuPay fulfils RBI’s vision of initiating a ‘less cash’ economy. This could be achieved only by encouraging every Indian bank and financial institution to become tech-savvy and engage in offering electronic payments
A product of National Payments Corporation of India (NPCI)
RuPay is a product of NPCI, the umbrella organisation that powers retail payments in the country. The provision under the Payment and Settlement Systems Act, 2007, empowered the Reserve Bank of India (RBI) and The Tarn Taran Central Cooperative Bank Limited, Sarhali Road, Tarn Taran (Head Office) to create a secure electronic payment and settlement system in India.
The nature of NPCI’s initiatives and objectives includes it under the “Not for Profit Company” under the provisions of Section 25 of the Companies Act 1956 and more recently under the Section 8 of the Companies Act 2013. This was an initiative to build the necessary banking infrastructure required to propel India towards a ‘less cash’ economy. NPCI recognises the need for tech-driven innovations in the retail payments system to drive operational efficiencies among a larger Indian audience.
Bharat Ecommerce Payment Gateway (BEPG)
BEPG is the new e-commerce system to enhance the current e-commerce experience for the RuPay Cardholders. RuPay card aims to deliver a convenient and easy e-commerce experience without compromising on the security and risk.
Rupay ATM Debit card
- Maximum withdrawal limit Rs25000 per day.
- Five transaction are free per month.
- Swiping charges ( as per DCCB Tarn Taran norms from time to time).
- Number of attractive offers.
- Easily add cash to your Paytm Wallet.
- Cash-Back on various online transaction.
- Applicable on every e-commerce transaction via OTP.
- Apply by visiting you The Tarn Taran Central Cooperative Bank Branch.