In­dian Bank to launch RuPay credit cards

Banking Frontiers - - Project Pipeline -

In­dian Bank is ready­ing to launch RuPay credit card. It has sought end-to-end so­lu­tion for im­ple­ment­ing the sys­tem. The bank has a credit card base of around 83,000 cards and its plan is to is­sue some 2.5 lakh EMV chip en­abled RuPay credit cards in the next 5 years. It will im­ple­ment the so­lu­tion un­der an opex model and out­source end-to-end credit card pro­cess­ing on a hosted model at the ser­vice provider’s premises.

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