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Home Co-op News Snippets

DCCBs join RuPay Debit Card network

Parasnath by Parasnath
July 20, 2016
in Co-op News Snippets
0
DCCBs join RuPay Debit Card network
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A press release issued by NPCI says National Payments Corporation of India (NPCI), the umbrella organisation for retail payments system in the country, has enabled more than 200 District Central Co-operative Banks (DCCBs) under the RuPay Debit Card network.

With this, NPCI has digitised about two-thirds of 675 districts in the country through its network of Regional Rural Banks (RRBs), State Cooperative Banks, Urban Cooperative Banks and Scheduled Cooperative Banks with electronic payment mechanisms.

Major states covered by the system are Maharashtra, Uttar Pradesh, West Bengal, Uttarakhand, Andhra Pradesh, Bihar, Karnataka, Gujarat, Kerala, Odisha, Haryana, Himanchal Pradesh, Chhattisgarh, Punjab, Rajasthan and Telangana, the press release claims. .

According to the release, customers of DCCBs can now experience state-of-the-art services. Over 280 million RuPay card holders have access to 2.2 lakh plus ATMs and over 1.2 lakh point of sale (PoS) terminals across the country.

Tags: cooperativeDCCBs’maharashtraSCB
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