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World’s Seventh Payment Gateway 'RuPay' by India

Posted by VariyaSoft on 09-05-2014 in General

As you all internet guys know that India is constantly providing excellent human resource in IT industry, India has now added one more important feature by providing World’s Seventh Payment Gateway – “RuPay”.

It is created by National Payment Corporation of India. This will limit the cash transaction but increase for online transactions by providing its excellent service. It will be useful by banking sectors and their clearance. It would work with three channels ATM, Point of Sales and Online Sales.

In short time, RuPay is going to start smart card - IRCTC which will be useful for Railway Ticket Booking.