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Vijaya Bank markets RuPay-branded debit cards in Gujarat

16 Jul 2013 Evaluate

Vijaya Bank has allowed its merchant terminals for usage of RuPay-branded debit cards in Gujarat and enabled the customers to make use of the new indigenous payment facility. With this initiative, bank has joined the league of banks whose payment and settlement systems for domestic card transactions are settled within the country. RuPay is an indigenous payment and settlement system that was developed by the National Payments Corporation of India (NPCI) in October.

The Karnataka-based bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.

Peers
Company Name CMP
State Bank Of India 961.90
PNB 112.50
Bank Of Baroda 227.90
Canara Bank 120.90
Union Bank Of India 171.80
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