Rupay is an Indian payment system and card network launched by the National Payments Corporation of India (NPCI) in 2012, aimed at enhancing domestic payment solutions. It offers various card types including debit, credit, and prepaid, significantly contributing to financial inclusion and the digital payment ecosystem in India. Rupay also supports government initiatives and provides a cost-effective alternative to global payment networks, promoting cashless transactions and financial access across all segments of society.

1. CENTRAL UNIVERSITY OF SOUTH BIHAR
M.SC(COMPUTER SCIENCE)
RUPAY (INDIAN PAYMENT SYSTEM AND CARD NETWORK)
Submitted To: Dr . Nemi Chandra Rathore
Assistant Professor
Master of Computer Science
Submitted By : Mohit Kumar
(CUSB2302312010)
Avishek Kumar
(CUSB2302312010)

2. INTRODUCTION
RuPay is a brand of NPCI under which it operates the card scheme. The National
Payments Corporation of India (NPCI) is a pioneer organization in the field of retail
payments in India. It is a body promoted by RBI and has presently ten core promoter
banks (State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda,
Union bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC).
We are representing here about the Rupay(Indian Payment System And Card Network).

3. RUPAY
• RuPay is an Indian multinational financial services
and Payment Service System.
• Conceived and launched by the National Payments
Corporation of India (NPCI) in 2012.
• It was created to fulfil the Reserve Bank of India 's
(RBI) vision of establishing a domestic, open and
multilateral system of payments.

4. DEBIT CARD
A RuPay Debit Card is a plastic card that can be
used as a method of payment which is issued by
your bank where you have an account.
A debit card can be used to:
• Withdraw funds from an ATM.
• Pay for shopping at a Point of Sale.
• Pay for online purchases.
URL
https://www.rupay.co.in/i
mages/rupay/cards-
img/rupay-classic.png

5. CREDIT CARD
A Rupay credit card helps you in quick and easy borrowing of
credit, make convenient payments and meet everyday expenses
in your life that you will pay for later.
A credit card can be used to:
• Shopping at PoS
• Withdraw funds from an ATM
• Online purchase
• Use for purchases on EMI
URL
https://www.rupay.c
o.in/images/rupay/c
ards-img/rupay-
classic-credit-mob-
banner.png

6. PREPAID CARD:
As an extension to the RuPay Debit scheme, in 2014 the
RuPay prepaid card scheme was launched considering the
huge opportunity in the untapped, unorganised, corporate
gifting and other business space.
URL
https://www.rupay.co.
in/images/rupay/card
s-img/prepaid-
corporate-mobile.png

7. RUPAY GOVERNMENT SCHEME CARD
Pradhan Mantri Jan Dhan Yojana Card
https://www.rupay.co.in/images/rupay/c
ards-img/debit-pmjdy-mobile.png
Mudra Card
https://www.rupay.co.in/images/rupay/car
ds-img/debit-mudra-mobile.png
Pun Grain Card
https://www.rupay.co.in/images/rupay/cards
-img/debit-pungrain-mobile.png
Kisan Credit Card
https://www.rupay.co.in/images/rupay/ca
rds-img/debit-kissan-mobile.png

9. ABOUT RUPAY CARD
EMV Chip
Chip Prepaid Cards come with an embedded microchip that provides additional security against
counterfeiting/duplication of the card.
Expiry Date
Last day of the month and year up to which the card is valid
CVV (CVD 2)
A three-digit code on the reverse of the card used for online transactions
Magnetic Stripe
The magnetic stripe contains cardholder information in encoded format.
Signature Panel
The panel for capturing cardholder’s signature

10. Payment Gateway:
URL
https://iq.opengenus.org/content/images/2022/11/payme
nt_gateway.png
• A payment gateway is a technology that allows
merchants recieve online credit or debit card
payments from their customers.
• A payment gateway stands between the merchant and
the customer.

11. ADVANTAGE OF RUPAY
For Bank
• Low gateway entry costs
• Domestic interoperability and
interchange fees at par with
ICS (credit and prepaid)
• Domestic infrastructure,
mandates, and legal
framework
• Recognised by RBI
• Fulfills data localisation and
data security norms https://t4.ftcdn.net/jpg/00/61/06/27/360_F_61062
796_NF87GPnWV0fQ2LhoYNlyjev0PocRwZj9.
jpg

12. For Customers
• Multiple digital and contactless
payment opportunities.
• Faster authentication and
transaction processing.
• High level of data security and
customer data protection.
• Wide acceptance by banks and
merchants in India.
• Accepted in key international
travel destinations.
ADVANTAGE OF RUPAY
https://media.istockphoto.com/id/47013463
8/photo/paying-for-something-indian-
rupees.jpg?s=612x612&w=0&k=20&c=Um4
QFa7zNHWtz6Vkj4MfCibRzu5fHVORo_ErPlhg-
X0=

13. ADVANTAGE OF RUPAY
For Government
• Empowerment of state and central
government schemes
• Greater economic inclusion and enhanced
banking coverage for all sections of the
society.
• Domestic economic and financial system
development
• Lower cost of transactions

14. CONCLUSION
RuPay, the indigenous payment system and card network in India, has significantly contributed to
the country's financial inclusion and digital payment ecosystem. As an initiative by the National
Payments Corporation of India (NPCI), RuPay has facilitated affordable and accessible electronic
transactions, empowering millions of Indians to participate in digital payments. Offering a cost-
effective alternative to global payment networks, RuPay has bolstered financial sovereignty,
encouraged cashless transactions, and supported government initiatives like Jan Dhan Yojana. Its
widespread acceptance, coupled with innovative offerings, continues to drive India's journey
towards a cashless economy, fostering inclusive growth and enabling financial access for all strata
of society.