NPCI

JCB partners with NPCI to offer 40% cashback for RuPay JCB Cardholders for in-store purchases in Thailand, Singapore and Bahrain

Retrieved on: 
Thursday, December 29, 2022

JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.

Key Points: 
  • JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.
  • During the offer period, customers using a RuPay JCB Card will receive a 40% cashback on purchases made at retail stores in Thailand, Singapore, and Bahrain.
  • Kunal Kalawatia, Chief of Products, NPCI said, "We are happy to announce the second phase of our cashback offer scheme for all RuPay JCB Credit and Debit Cardholders.
  • Therefore, we have attempted to synchronize the appropriate locations with the opportune time in introducing the continuation of our cashback offer scheme for RuPay JCB Cardholders.

Indian Neo Banking Industry Outlook Report 2022-2027: Adoption of Contactless Payments, Shifting Consumer Preferences Towards Fin-Tech, Rising Market Players and Digitalization - ResearchAndMarkets.com

Retrieved on: 
Friday, December 30, 2022

The "Indian Neo Banking Industry Outlook to 2027: Driven by Adoption of Contactless Payments, Shifting Consumer Preferences Towards Fin-Tech, Rising Market Players and Digitalization" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indian Neo Banking Industry Outlook to 2027: Driven by Adoption of Contactless Payments, Shifting Consumer Preferences Towards Fin-Tech, Rising Market Players and Digitalization" report has been added to ResearchAndMarkets.com's offering.
  • The report covers various aspects including Neo Banking industry market size on the basis of revenue, market overview, genesis of the market
    Indian Neo Banking market expanded with substantial growth in between 2017 and 2022 with massive expansion in the adoption of Neo Banking as the mode of payment due to rising industry valuation, trend of contactless payments and the emergence of Neo Banking startups.
  • Neo Banks RazorPay are providing Neo Banking facilities to all kinds of Indian residents in all major tier-I and tier-II cities.
  • Many new Neo Banks will be entering the Indian Neo Banking space by offering services to individuals and corporates.

JCB identifies India as a key growth market for European merchants and acquirers to further propel digital payments and online spending

Retrieved on: 
Tuesday, November 29, 2022

[3]

Key Points: 
  • [3]
    Traditionally a "cash-first" society, there has been a significant shift towards digital and card payments as part of a "less-cash" movement in recent years.
  • This has been accelerated by government initiatives such as Digital India introduced with the specific aim to "transform India into a digitally empowered society and knowledge economy".
  • [4]
    The National Payment Corporation of India (NPCI), set up by the Reserve Bank of India and Indian Banks' Association, has been a major factor in enabling widespread digital payments in the region.
  • As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

JCB partners with NPCI to offer 40% cashback for RuPay JCB cardholders for in-store purchases in Australia, Qatar and UAE

Retrieved on: 
Wednesday, November 2, 2022

- All RuPay JCB Debit & Credit Cardholders will be offered 40% cashback on in-store purchases* in Australia, Qatar and United Arab Emirates.

Key Points: 
  • - All RuPay JCB Debit & Credit Cardholders will be offered 40% cashback on in-store purchases* in Australia, Qatar and United Arab Emirates.
  • In accordance with the offer, customers using a RuPay JCB Card will receive 40% cashback at retail stores in Australia, Qatar and United Arab Emirates (UAE) during the offer period.
  • With wide acceptance of merchants internationally, the RuPay JCB Debit & Credit cardholders will enjoy a hassle-free and rewarding experience wherever they go."
  • Denny V. Thomas, Head- RuPay, NPCI said, "We are delighted to launch the cashback offer for our RuPay JCB Credit and Debit cardholders.

TerraPay and NPCI International collaborate to drive seamless merchant payments via UPI-enabled QR codes

Retrieved on: 
Thursday, September 22, 2022

The partnership will further increase the use of UPI and QR for cross-border merchant payments.

Key Points: 
  • The partnership will further increase the use of UPI and QR for cross-border merchant payments.
  • Furthermore, since UPI payments & QR transactions are customer-initiated with a two-factor authentication it adds an element of non-repudiation and hence drastically reduces disputes and grievance redressal issues.
  • Unified Payments Interface is an instant real-time payments (RTP) system developed by National Payments Corporation of India.
  • NPCI International Payments Limited (NIPL) was incorporated on April 3, 2020, as a wholly-owned subsidiary of National Payments Corporation of India (NPCI).

TerraPay and NPCI International collaborate to drive seamless merchant payments via UPI-enabled QR codes

Retrieved on: 
Thursday, September 22, 2022

The partnership will further increase the use of UPI and QR for cross-border merchant payments.

Key Points: 
  • The partnership will further increase the use of UPI and QR for cross-border merchant payments.
  • Furthermore, since UPI payments & QR transactions are customer-initiated with a two-factor authentication it adds an element of non-repudiation and hence drastically reduces disputes and grievance redressal issues.
  • Unified Payments Interface is an instant real-time payments (RTP) system developed by National Payments Corporation of India.
  • NPCI International Payments Limited (NIPL) was incorporated on April 3, 2020, as a wholly-owned subsidiary of National Payments Corporation of India (NPCI).

India Prepaid Card and Digital Wallet Market Analysis/Opportunity Report 2022: Market to Reach $105.43 Billion by 2026 from $35.69 Billion in 2022, Growing at a CAGR of 31.1%

Retrieved on: 
Wednesday, September 7, 2022

The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.

Key Points: 
  • The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.
  • Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 31.1%, increasing from US$35.69 billion in 2022 to reach US$105.43 billion by 2026.
  • This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card

Retrieved on: 
Friday, September 2, 2022

MUMBAI, INDIA, Sept 2, 2022 - (ACN Newswire) - BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.

Key Points: 
  • MUMBAI, INDIA, Sept 2, 2022 - (ACN Newswire) - BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.
  • Activation of the co-branded credit card within 30 days of issuance will entitle the cardholder to shopping benefits on Snapdeal worth up to INR 500.
  • Ms. Praveena Rai, COO, NPCI said, "We are happy to associate with BOB Financial and Snapdeal for the launch of the distinctive co-branded JCB RuPay Contactless Credit Card.
  • A pioneer in the space of credit cards, BOB Financial offers an array of products catering to all segments of customers.

14th Edition of BFSI IT Summit: India (Mumbai)

Retrieved on: 
Monday, August 1, 2022

The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain.

Key Points: 
  • The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain.
  • An exclusive one-day closed door conference hosting 150+ pre-qualified C Level IT Decision Makers, Influencers from India's banking and financial institutions, IT leaders from various enterprises in India.
  • Hyperlink India FORM
    - The delegates will be exposed to In-depth, trend-forward sessions & workshops - each tons of practical takeaways and ideas to keep you ahead in the digital economy.
  • - The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.

India Cards and Payments Markets, Opportunities and Risks Report 2022-2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 13, 2022

The "India Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of market trends in the Indian cards and payments industry.
  • These moves will boost payments via UPI and RuPay debit cards
    Rising adoption of contactless cards is set to boost card payments in India.
  • Meanwhile, in December 2020, National Payments Corporation of India (NPCI) - a division of RBI that operates RuPay - launched a new feature for RuPay cards.