NPCI covers over 200 DCCBs under RuPay debit card network

Image
Press Trust of India Mumbai
Last Updated : Jul 19 2016 | 4:02 PM IST
National Payments Corporation of India (NPCI) today said it has connected over 200 District Central Co-operative Banks (DCCBs) under RuPay debit card network.
"With this development, NPCI now digitises about two-thirds of 675 districts in the country through its network of regional rural banks, state cooperative banks, urban cooperative banks and scheduled cooperative banks with electronic payment mechanisms," NPCI said in a statement.
The states covered include Maharashtra, Uttar Pradesh, West Bengal, Uttarakhand, Andhra Pradesh, Bihar, Karnataka, Gujarat, Kerala, Odisha, Haryana, Himanchal Pradesh, Chhattisgarh, Punjab, Rajasthan and Telangana.
"Participation of DCCBs is gradually bridging the gap between India and Bharat while facilitating financial inclusion initiatives for the country.
"RuPay's customised services are aimed to transform our cash dependent economy. It addresses the need of Indian consumers, merchants and banks," NPCI Managing Director and Chief Executive Officer A P Hota said.
Over 280 million RuPay card holders have an access to 2.2 lakh plus ATMs and over 1.2 lakh point of sale (PoS) terminals across the country.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 19 2016 | 4:02 PM IST

Next Story