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RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI) on 26 March 2012. It was created to fulfil the Reserve Bank of India’s (RBI) desire to have a domestic, open loop, [clarification needed] and multilateral system of payments in India.In India, 90% of credit card transactions and almost all debit card transactions are domestic ... Read Article
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