#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
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