Search
Use of RuPay Card Surges to 700% Post Demonetisation
January 13, 2017
The demonetisation exercise has proved to be a significant booster for digital payment platforms, including the RuPay cards issued by National Payments Corporation of India.
Use of RuPay cards at point-of-service (PoS) and for e-commerce used to be about 0.3 million per day prior to demonetisation. The numbers have jumped to 2.1 million per day by the month of December, which is equivalent to a 600% rise. The organisation targets to expand this use to 5 million transactions per day by December, 2017 furthering Indian Prime Minister’s vision of a cashless society.
Out of 317 million RuPay cards issued since their launch in 2012. 205 million cards are for Jan Dhan Account holders.
Important Links:
Tags:
FinanceCourses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)
