RBI Permits Banks To Issue RuPay Prepaid Forex Cards

[ad_1] RuPay Debit, Credit, and Prepaid Cards will be enabled for issuance in foreign jurisdictions Mumbai: In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants … Read more

Indian banks can issue Rupay prepaid forex cards: RBI Governor Shaktikanta Das – Times of India

[ad_1] NEW DELHI: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has announced a significant development regarding Rupay prepaid foreign exchange (forex) cards for Indian travelers going abroad.Announcing the decision of the MPC that met for three days from June 6 – 8, RBI Governor Shaktikanta Das said the Rupay debit … Read more