New Delhi, January 3: The National Payments Corporation of India (NPCI) has announced a 40 per cent cashback for all its RuPay international card users while traveling abroad, aimed at strengthening it foothold in the international market.
To avail the benefit, RuPay international cards should have an acceptance logo of Diners, Discover or JCB on the back of their RuPay card and at the merchant outlet, the retail payments authority said.
The card scheme, launched under ‘RuPay Travel Tales’ campaign, will allow the users to avail the cashback at international POS merchant outlets accepting RuPay international cards by making a single transaction starting at Rs 1,000 up to Rs 4,000 to a maximum of four transactions per month.
“The content of RuPay Travel Tales is specially curated for RuPay travel and hospitality offers across the world. It is a series of travelogues in a storytelling format to encourage travel enthusiasts to opt for digital payment methods for all travel needs,’’ NPCI said.
RuPay card users travelling abroad can can activate the offer by contacting its issuing bank. It can also be done via net banking, mobile banking, phone banking or branch banking services of respective issuing bank.
NPCI claims that there are 1,000 banks live on RuPay platform, with more than 60 crores card holders. It has partnered with Discover Financial Services (DFS) and Japan-based JCB International, allowing RuPay users access to across 190 countries.