RuPay cards will be acceptable at all PoS by January, 2013: NPCI

As per National Payment Corporation of India (NPCI), RuPay cards will be acceptable at all PoS (Point of Sales) terminals in the country from January, 2013. What are RuPay cards? RuPay card is a domestic debic card, launched by NPCI ..

Month: Current Affairs - September, 2012

National Financial Switch

With a view to inter-connect the ATMs in the country and facilitate easy banking for the common man, the Institute of Development and Research in Banking Technology (IDRBT), Hyderabad conceptualized, developed and implemented the National Financial Switch. The National Financial ..

Month: Current Affairs - November, 2011

Delivery Channel of a Bank

A delivery channel is a method through which a bank provides services to its customers. This can include in-person services at a branch, as well as remote methods such as online banking and mobile banking apps. Delivery channels are an ..