RuPay

Overview

RuPay is a local card payment network in India, accepted by most shops, ATMs, and eCommerce websites across the Indian subcontinent.

Issued by more than 1,100 banks, RuPay cards are supported by some of the biggest banks in India: State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A., and HSBC.

RuPay issued 64 million global cards between 2014 and March 2019. Moreover, it has tied-up with international players like Discover, Japan Credit Bureau and China Union Pay to enhance its international acceptance and recently achieved a milestone of issuing 25 million RuPay – Discover global cards. RuPay has several agreements with other international payment networks as well, like Discover, Diners Club International, Pulse, JCB in Japan, NETS in Singapore, UnionPay in China, BC Card in South Korea, Elo in Brazil, DinaCard in Serbia.

Availability

Available to all 2Checkout accounts.

Workflow

1. When placing the order, shoppers in India can select RuPay as a payment method.
2. The accepted processing currency needs to be INR.
3. The payment then continues as a normal Card order.
4. For most instances in India, 3D Secure authentication will be required.

F.A.Q.

1. What are the supported currencies for domestic RuPay cards?
   • INR (Indian Rupee)
2. Do domestic Indian cards support recurring charges?
   
   • Yes
3. Why is this important?
   
   • Authorization rates are much higher on locally issued cards (given the fact that numerous Indian credit cards are closed for cross-border transactions) and access to processing is done through a local acquirer.
4. What is the 2Checkout commission for domestic Indian cards?
   
   • 2Checkout applies the same commission to RuPay and Indian Local processing as for Visa and MasterCard processing.
5. Does lead management work for unfinished payments via local Indian cards?
   
   • 2Checkout sends follow-up emails for failed one-off transactions with local Indian cards
6. Are refunds supported for local Indian cards?
   
   • Yes.