RuPay Prepaid


National Payment Corporation of India (NPCI): NPCI has been formed to consolidate and integrate the multiple systems with varying service levels into nation-wide uniform and standard business process for all retail payment systems. NPCI facilitates an affordable payment mechanism to benefit the common man across the country and help grow the retail payments in India.

RuPay: RuPay is a brand of NPCI under which it operates the card scheme and this document is published by NPCI for its RuPay card scheme.

RuPay Prepaid Introduction

As an extension to the RuPay Debit scheme, in 2014 the RuPay prepaid card scheme was launched considering the huge opportunity in the untapped, unorganised, corporate gifting and other business space.

In 2014, along with the Prepaid product, an Prepaid hosted solution model to banks was also launched, this helped all banks (Private, Public, RRB and co-op banks) from different landscape to have an equal pricing for all the services related to RuPay prepaid cards; hence helping all banks with an equal level playing field in the prepaid market.

Why Prepaid Cards?

Simplified and Transparent Pricing

Personal Accident Insurance coverage

DMS Processing, Positive Online Authorisation and FRM Solutions

Interchange in line with ICS

Accepted at all RuPay and ICS enabled acceptance points – ATM, POS and E-Com

1000+ merchant offers

Partnering with RuPay for Issuance of Prepaid Cards

PPI’s willing to participate with RuPay for Issuance of RuPay Prepaid Cards should have a formal “Approval from RBI”. In addition to the approval , the below mentioned documentations to be completed:

  • Sign an Tripartitie Agreement (NPCI, PPI and Sponsor Bank)
  • Submit the IIN application form
  • Initiate Certification process by submitting the necessary documents
RuPay Prepaid Use cases

RuPay Prepaid card offers the unique proposition of One Card for all Payments.

Business Use Case

Transit Program

Corporate Allowance

Salary Disbursement

Student / University programs

Smart City

Toll & Parking

Transaction Use Case






Utility Bill payments

RuPay Contactless cards have been launched by various banks in association with transit operators, and Smart cities. With the feature of offline payments and service area, this card offers the feature of one card for all payments including transit, toll, parking, smart cities and retail.


Open Loop Digital Fare Collection

Common Card Payment System for Smart City