More payment methods

RuPay

Empowering Financial Inclusion and Digital Payments in India

RuPay is a domestic card payment network and digital payment ecosystem developed by the National Payments Corporation of India (NPCI). Launched with the aim of promoting financial inclusion and reducing dependence on international card networks, RuPay provides a range of payment solutions, including debit cards, credit cards, and mobile payments, designed to cater specifically to the Indian market.

% of coverage
  • Country

    India

  • Population

    1.43 billion (estimated)

  • Number of Internet users

    900 million (estimated)

  • Popular payment methods

    Credit Cards, Debit Cards, UPI, E-Wallets, Bank Transfers, Cash Payments

% of coverage
  • Credit Card

    10%

  • Debit Card

    35%

  • E-Wallets

    25%

  • Cash Payments

    15%

  • Bank Transfers

    12%

  • Other

    3%

Payment Method Overview
  • Type:Domestic Card Payment Network & Digital Payment Ecosystem
  • Currency:Indian Rupee (INR)
  • % of coverage:60% of India’s card market
  • Money transfers to date:1 trillion INR (estimated)
  • Total customers:600 million (estimated)
  • Refunds:Yes, subject to issuing bank's policies
  • Chargebacks:Yes

About payment system

RuPay stands as a symbol of India’s commitment to fostering financial inclusion and self-reliance in the digital age. Serving as a domestic alternative to international card networks, RuPay offers a diverse range of payment products that cater to various segments of the population.

RuPay debit and credit cards provide users with convenient access to financial services, allowing them to make transactions at ATMs, point-of-sale terminals, and online platforms. The cards are linked to various banks and can be utilized across a wide network of merchants and service providers.

In addition to card-based payments, RuPay has expanded its ecosystem to include digital payment solutions. Users can link their RuPay cards to mobile payment apps and digital wallets, enhancing their ability to make secure and convenient transactions through smartphones.

RuPay’s success is deeply intertwined with government initiatives aimed at driving digital payments, such as the “Digital India” campaign. Its focus on affordability, accessibility, and innovation aligns with India’s diverse consumer base and technological landscape. By supporting financial transactions in local currency and catering to the preferences of Indian consumers, RuPay is not only revolutionising payment methods but also contributing to the modernization of India’s financial sector.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

Alipay

Alipay

Digital wallet

Alipay is a digital payment platform that evolved into one of the world’s largest.

Ecocash png

Econet Ecocash

Econet Ecocash: Discover payment solutions in Zimbabwe

EcoCash provides financial transactions in Zimbabwe. Discover payment solutions at spoynt.com

Mobiphone Money

MobiFone Money

MobiFone Money: Discover payment solutions in Vietnam

MobiFone is the first mobile money service provider in Vietnam. Discover other payment solutions at spoynt.com

RuPay

RuPay

Digital wallet

RuPay is a domestic card payment by the National Payments Corporation of India.

Blik

Blik

Digital wallet

Blik is a mobile payment solution that originated in Poland.

Equitel

Equitel

Online banking

Equitel is a transformative mobile banking platform that has reshaped financial transactions.

KaKaoPay

KaKaoPay

Digital wallet

KakaoPay is a mobile payment and digital wallet service hailing from South Korea.

MoMo Pay

MoMo Pay

Digital wallet

MoMoPay is a leading mobile payment platform in Vietnam.

Mobile Money Malaysia

Mobile Money

Mobile Money: Discover payment solutions in Malaysia

Mobile Money is an e-money service conducting payments via moblie phone. Discover other payment solutions at spoynt.com

Logo (2)

BankAxept

BankAxept: Discover payment solutions in Poland

BankAxept is Norway’s national debit card payment system, accounting for over 80% of card transactions in physical stores.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.