RuPay is the national payment system of India created by the National Payment Corporation of India (NPCI) at the request of the Reserve Bank of India. The name “RuPay” is an abbreviation of the words “indian RUpee” (Indian rupee) and “PAYment” (payment). RuPay is headquartered in Mumbai at 1001A, B wing, 10th Floor, The Capital, Bandra-Kurla Complex, Bandra (East).
In this article we will talk about RuPay history, features and RuPay casinos online in India.
The best RuPay casinos online
| Rank | Casino | Bonus | Rating | Visit |
|---|---|---|---|---|
| 1 |
|
₹30,000 Bonus + 20 FST & C Apply | Visit Review | |
| 2 |
|
100% up to ₹25000T & C Apply | Visit Review |
History of RuPay creation
The purpose of creating the RuPay system was to move away from the monopoly of international payment systems and reduce the cost of transactions, since in India about 90% of credit card transactions and almost 100% of debit card transactions are carried out within the country. The RuPay card system was launched on March 26, 2012. RuPay cards are accepted at all ATMs and POS terminals in India. They have a built-in chip that complies with EMV standards. By the end of 2015, RuCard cards accounted for about 20% of transactions carried out in India.
RuPay’s partner is Discover Financial Services. This makes it possible to ensure the acceptance of cards outside the country.
Right now there are more and more online casinos accepting RuPay payments.
RuPay cards
Banks can issue RuPay debit and credit cards through the RuPay system. At the moment, about 10 banks are promoters, but the system cooperates with more than 600 banking institutions throughout the country.
RuPay card provides full protection of the transactions. It can be used to pay for purchases or withdraw cash from the ATM network, as well as pay for online purchases on more than 10,000 sites.
Types of RuPay cards
RuPay currently offers credit, debit and prepaid cards. Credit cards are:
- Domestic and international;
- Classic, Platinum and Select;
- Consumer and corporate.
Domestic cards are suitable for domestic use. Global cards are issued by 4 banks and are used at any ATM and retail outlet of the Discover Global Network.
RuPay credit cards
There are currently three types of RuPay credit cards available:
- The Classic card provides access to exclusive offers at POS terminals and websites. It comes with 100 rupees accident insurance;
- The Platinum card entitles you to receive welcome gifts from various brands, cashback, including when paying for utilities, accident insurance, round-the-clock assistance;
- Select card belongs to the premium category. It provides free access to special lounges at airports in India and abroad, 24/7 assistance from a personal manager, accident insurance, cashback at POS terminals and cash withdrawals.
RuPay card registration
To register a RuPay card, you must:
- Choose a card option;
- Enter 16-digit number, expiration date, CVV;
- Choose a one-time password;
- Enter the password received on the phone;
- Specify a secret phrase;
- Enter the PIN code of the ATM to complete the transaction.
- After that, the card is activated in the system.
RuPay in online casino
To be able to use RuPay in online casino as a deposit and withdrawal method, all you need to do is:
- Choose one of RuPay casinos from the table above. All gambling sites on our portal are reputable and safe to play on.
- Create an account in the casino. Always give the right information about yourself to avoid difficulties with withdrawal your winnings later on.
- We advice you to verify your account as soon as possible so your first withdrawal of funds will not be delayed. However you can do this later.
- Make your first deposit.
To make a deposit using RuPay, all you need to do is:
- Go to “Banking” section on the casino website.
- Choose Deposit option.
- Choose RuPay from the list of payment methods.
- Right the amount you wish to deposit.
- Deposit using your RuPay card.
To wuthdraw money from your casino account using RuPay, follow these steps:
- Go to “Banking” section on the casino website.
- Choose Withdraw option.
- Choose RuPay from the list of payment methods.
- Right the amount you wish to withdraw.
- Choose your RuPay card you used for depositing funds and press Withdraw.
There are usually no additional fees for using this method in casinos and most payments are instant.
Benefits of the RuPay system
The RuPay system provides customers with a number of advantages:
- Instant SMS notifications about every transaction;
- Low commissions for financial transactions;
- Adaptation to the needs of local users;
- Confidentiality of information;
- A wide range of objects where this system are accepted;
- The ability to perform a variety of payment transactions;
- A special card for farmers;
- RuPay can be used for payments in online casinos.
Conclusion
In India, the RuPay system is very popular. It can be used to conduct many transactions, including gambling related. Users note the ease of registration, the variety of cards and the high level of service, as well as technical customer support. Online casinos accepting RuPay payments is a convinient choice for gamblers from India. Meanwhile, don’t forget that the speed of withdrawal also matters. For this, check out the best payout casinos in India.