RuPay card new Payment Gateway support Recurrin...

RuPay card new Payment Gateway support Recurring Payment, Tokenization, EMI, Quick checkout & more

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RuPay card new Payment Gateway support Recurring Payment, Tokenization, EMI, Quick checkout & more:

RuPay card Migration to Bharat eCommerce Payment Gateway (BEPG) from existing eCommerce platform -

In 2018, NPCI worked with member Banks to upgrade eCom transactions workflow from iFrame based methodology to URL redirection and during the same time RBI mandate w.r.t supporting ‘Hashing’ capabilities for eCom transactions were also certified for the member Banks. To further improve the consumer experience and overall performance, NPCI has created a new e-Commerce solution Bharat eCommerce Payment Gateway (BEPG) to enhance the customer experience and to change ourselves according to the market trends. Apart from supporting existing features of current eCommerce platform, Bharat eCommerce Payment Gateway (BEPG) will support a host of additional features.

Benefits of Bharat eCommerce Payment Gateway (BEPG) -

1) Enhanced consumer experience
2) Additional payment options on RuPay cards
3) No compromise on security and risk
4) Simplified architecture
5) Improvement in success rate
6) Self-healing system

Highlights of Bharat eCommerce Payment Gateway (BEPG) -

What’s New -

1) BEPG provides currently available functionalities of eCommerce system

2) Server to server API for ‘OTP Generation and OTP Validation’ during ‘Authentication’ of transactions.

3) Tokenization for In-App merchants and ‘Card on File’ to simplify consumer experience.

4) Quick checkout functionality where registered RuPay consumers can do transactions without Additional Factor of
Authentication (AFA).

5) Connected checkout functionality where Trusted Merchants can participate to register RuPay consumers to facilitate
transactions without Additional Factor of Authentication (AFA).

6) Amount and merchant name has been added to Issuer Authentication System (IAS) API call for consumer friendly
OTP delivery.

7) Online reversal message for payment gateways have been introduced to facilitate CNP reversals.

8) Subscription based transaction lifecycle has been added, which is aligned with policies that are discussed with regulator for approvals.

9) Equated Monthly Instalments (EMI) solutions introduced for both Credit and Debit products.

10) Refund based on Original Credit Transfers (OCT) for quicker refund process to consumers.

11) Card to card payments for Credit card payments and balance transfer transactions for Credit cards.

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Suppose paypal shall onboard now @abhishek012

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dummyuser wrote:

Suppose paypal shall onboard now @abhishek012

Paypal already in discussion with RBI for RuPay card support

but Netflix, Spotify, Google Play store, Apple store, Amazon Prime monthly plan/Free trial, Youtube etc will add RuPay card after new Bharat eCommerce Payment Gateway (BEPG) Migrated.

Phase 1 – BEPG Migration start between 12th November, 2019 until 15th January, 2020.

Phase 2 (New feature enhancements like Subscription based transaction, EMI, Card to card payments, Quick checkout) – no time frame update yet. Develop and certify new features as per NPCI specifications anytime post 12th November, 2019.

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abhishek012 wrote:

Paypal already in discussion with RBI for RuPay card support

but Netflix, Spotify, Google Play store, Apple store, Amazon Prime monthly plan/Free trial, Youtube etc will add RuPay card after new Bharat eCommerce Payment Gateway (BEPG) Migrated.

Phase 1 – BEPG Migration start between 12th November, 2019 until 15th January, 2020.

Phase 2 (New feature enhancements like Subscription based transaction, EMI, Card to card payments, Quick checkout) – no time frame update yet. Develop and certify new features as per NPCI specifications anytime post 12th November, 2019.

Tag me Only when PayPal accepts Rupay Card 😛

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