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Travel services provider Thomas Cook (India) on Tuesday said it has collaborated with National Payments Corporation of India (NPCI) to launch its first RuPay prepaid forex card for Indian travellers visiting the UAE. The partnership commences with the UAE as a pilot, which will be followed by a global rollout in a phased manner, Thomas Cook said in a statement. Travellers can use Thomas Cook's RuPay AED (United Arab Emirates Dirham) card extensively across the UAE for transactions and ATM withdrawals. The company claimed that it is the first and the only company to have partnered with NPCI to launch RuPay AED prepaid forex card. "This innovative Made-in-India initiative is a first-of-its-kind partnership with an Indian non-banking entity," Thomas Cook (India) Executive Vice-President - Foreign Exchange, Deepesh Varma said. The UAE is an important global market for Thomas Cook (India) foreign exchange business and the company's card business has witnessed a significant growth, with
Notwithstanding the turbulence in their bilateral ties, the Maldives will soon launch India's RuPay service, which a senior minister has said "will bolster the Maldivian Rufiyaa." RuPay, a product of the National Payments Corporation of India (NPCI), is the first of its global card payment network in India, with wide acceptance at ATMs, POS devices, and e-commerce websites across India. Minister of Economic Development and Trade Mohamed Saeed while announcing how both India and China have agreed to use local currency in bilateral trade, spoke about the upcoming launch of India's RuPay. The upcoming launch of India's RuPay service is anticipated to further bolster the Maldivian rufiyaa (MVR), Saeed told state-run PSM News on Wednesday. He also emphasised that addressing the dollar issue and reinforcing the MVR is a top priority for the current administration. However, there has been no announcement of any date for the launch. Last week, a news portal, CorporateMaldives.com, reporte
Public sector Indian Bank has partnered with FPL Technologies, to launch the Indian Bank One Co-branded Credit Card, the bank said on Friday. Leveraging the Visa and RuPay platforms, the cards would be issued by Indian Bank and managed by FPL Technologies. The partnership brings in Indian Bank, FPL Technologies, NPCI, and VISA, signaling a synergy of expertise, innovation, and commitment toward providing customers with unparalleled services in the credit card domain. "The launch of the Indian Bank One Co-branded credit card exemplifies our commitment to offering cutting-edge digital solutions to our customers. As one of the oldest public sector banks, we are excited to offer our users a new-age digital experience and extend our credit card offerings to a wider audience," Indian Bank MD and CEO Shanti Lal Jain said in a statement. "This collaboration will allow us to stay at the forefront of the industry offering our customers the latest advancements in credit solutions reinforcing