RuPay cards new features - Recurring Payment support, MOTO transaction, HDFC Diners Club Contactless Card Support etc

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abhishek012

RuPay cards new features – Recurring Payment support, MOTO transaction, HDFC Diners Club Contactless Card Support etc:

RuPay card release new circular to support upcoming new features in RuPay Ecom, POS & Contactless POS terminals -

1) RuPay card working to enabled Recurring Payment/Standing Instruction(SI), EMI and MOTO transaction in All POS terminals and Ecom websites like Google, GooglePay, Netflix, Bill payment, Insurance premium payment, etc.

Mail Order/Telephone Order (MOTO) -

MOTO transactions are person not present scenarios at merchant level for ordering good or services from merchant by mail order or telephone order. For all RuPay credit cards, card holders should be able to avail recurring services from an acquiring Banks merchant.

Recurring Payment/Standing Instructions (SI) for RuPay Cards -

Standing Instructions are ways of making fixed payments at fixed periodic intervals (i.e) a particular day in a week or a particular date in a month without the Card holder initiating the transaction every time (i.e.) whenever the payment is due.

For enabling the SI functionality on RuPay cards, Merchants/Aggregators, their Acquiring Banks, will have to implement changes as highlighted below to facilitate SI to their Cardholders.

2) All RuPay Contactless POS terminals now support HDFC Diners club contactless card, US Bank issue Discover contactless cards, Foreign banks issue Diners club contactless cards, Foreign banks issue Japan’s JCB Contactless cards, Foreign banks issue China’s UnionPay Contactless cards & Singapore banks issue NETS Contactless cards.

3) same like HDFC Diners club card, US bank issue Discover card, Foreign banks issue JCB and UnionPay card. Now Singapore’s NETS card also support all RuPay POS Terminals in India.

4) Tap on phone mobile PoS / Soft PoS - RuPay is working on to drive new innovation through “Tap on phone mobile POS” which allow merchants to accept RuPay contactless transaction directly on their NFC-enabled mobile devices with no need for an additional connected hardware.

Tap-on-Phone technology allows approved merchants to simply download a supported app and use their existing Android NFC enabled mobile phone as a payment terminal. Making tap-to-pay work, it requires turning on Near Field Communication (NFC), which enables your phone to talk to the payment application residing in mobile device itself to process contactless transaction.

Below figure describes pictorial representation of Tap on phone transaction.

https://cdn0.desidime.com/attachments/photos/636361/medium/6920992OqI1NM5.jpg?1599895654

Note: Only RuPay cards would be supported over SoftPoS applications in contactless interface. RuPay International card affiliates would not work with SoftPoS applications.

Full Details, Download RuPay Circular – Opening up support for Mail Order/Telephone Order (MOTO) for RuPay cards in India - https://www.npci.org.in/sites/default/files/cir...

Circular – Updated PoS acquiring guidelines for Retail Payments and the on-boarding forms - https://www.npci.org.in/sites/default/files/cir...

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Just curious to know do u work in npci ?

Finance Ninja Finance Ninja
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No

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Deal Subedar Deal Subedar
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I have not seen any RuPay card giving benefits like master/visa card….. Correct me if I am wrong…..

I have Citibank titanium card, getting 4 turbo points for fuel transaction.

Kotak Pvt card, getting 2 movie tickets every month (right now not useful due to covid)

Icici coral card, no charges on fuel on hpcl pumps

Can you suggest good RuPay card ?

My major transactions are fuel, mobile, electricity, gas bill payments etc.

Finance Ninja Finance Ninja
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RuPay Platinum debit card give 5% upto 50 cashback utility bill payment per month and recently launch 20% off upto 100 amazon load money offer per card per month.

you can use amazon load money balance for recharges or utility bill payment.

Bank of India RuPay classic/platinum cards give 0.5% rewards points on card spend (only condition is every month first transaction should be 10,001+)

Fuel - i think approx all banks RuPay credit/debit card give 1% surcharge waiver at all fuel stations.

HDFC RuPay Bharat credit card give 5% monthly cashback on fuel and utility bills & Mobile recharges payment upto Rs150 each + 1% off surcharge waiver on fuel purchase.

HDFC also launch Indianoil Co-branded credit card in RuPay platform. Earn upto 50 Litres of Free fuel annually -

Earn 5% of your spends as Fuel Points at IndianOil outlets (Max 250 Fuel Points per month in first 6 months, Max 150 Fuel Points post 6 months from card issuance)

Earn 5% of your spends as Fuel Points on Groceries and Bill Payments (Max 100 Fuel Points per month on each category)

RuPay launch “Select” variant cards similar to Visa signature or Mastercard world, within next few years you will see bank will launch all super premium cards in RuPay platform.

ICICI Coral, Rubyx & Sapphiro debit card also available in RuPay platform -

https://cdn0.desidime.com/attachments/photos/636502/medium/6923260HQYinwd.jpg?1599997002

https://cdn0.desidime.com/attachments/photos/636503/medium/6923260s3aYSHG.jpg?1599997005

https://cdn0.desidime.com/attachments/photos/636504/medium/69232609lIBKea.jpg?1599997008

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