Wednesday, November 11, 2015

#RuPay expansion

                During October, NPCI facilitated on boarding of eight Co-Operative Banks onto the RuPay network
7 cooperative banks went Live on RuPay POS, whereas 1 cooperative bank went live on RuPay ATM as a sub-member
List of Cooperative banks gone live on RuPay POS in
Sarvodaya Commercial Co-Op bank Ltd, - Surat Based founded in 1982

The Vaishali District Central Co-Op Bank Ltd.,  -  No separate webpage
The Veraval Peoples Co-Op Bank Ltd – Based in Junagadh district, Gujarat 362001
The Kurla Nagarik Sahakari Bank Ltd – Based in Mumbai, founded in 1950
Coastal Local Area Bank Ltd,
The Urban Co-Op Bank Ltd, Dharangaon,
The National Co-Op Bank Ltd
In the same month, Mann Deshi Mahila Sahakari Bank enabled RuPay on ATM as a sub member to empower their customers with seamless digital transactions
              Cooperative Banks activating RuPay through POS is a positive step for increasing digital transactions. Through this payment channel, the cooperative banks can shop safely without the need to carry cash in their wallets.
              Another significant RuPay channel for ePayments is the eCommerce platform. 4 new cooperative banks have now joined the RuPay eCommerce platform. They are Vasai Vikas Sahakari Bank, Maharashtra Gramin Bank, Punjab State Cooperative Bank and Thrissur District Cooperative Bank.
With this development, RuPay is now live with 57 Issuing Banks thereby increasing its robust presence across e-commerce platform.
Account Holders of the 57 banks on this platform can pay for eCommerce transactions directly from their bank accounts.
The RuPay eCommerce platform was launched on June 21, 2013 and is efficiently providing simple, easy to use and cost-effective payment services in the country.
Maharashtra Gramin Bank is the first RRB Bank in India to go active on RuPay eCommerce platform.
Maharashtra Gramin Bank is a Regional Rural Bank, in the State of Maharashtra, India. It was created in July 2009 after the amalgamation of Maharashtra Godavari Gramin Bank and Marathawada Gramin Bank

Punjab State Cooperative Bank - Winner of "BEST PERFORMANCE AWARD" with 802 Branches spread all over Punjab.  

Thrissur District Cooperative Bank - RuPay e-Comm (03-11-2015) Thrissur - TDCB is the one and only DCCB in India who launched RuPay e-Comm for online purchase. Congrats to each & everyone for support....

Vasai Vikas Sahakari Bank – Your Growth is our aim