Company Information

Get to know RuPay

RuPay is an Indian multinational financial services and payment network launched on March 26, 2012, by the National Payments Corporation of India (NPCI). It was created to fulfill the Reserve Bank of India's (RBI) vision of establishing a domestic, open, and multilateral system of payments. RuPay's mission is to reduce the country's dependency on international card schemes like Visa and Mastercard, offering lower transaction processing fees and customized solutions for the Indian market. The network facilitates a full range of card payments, including debit, credit, and prepaid cards, which are accepted at ATMs, PoS devices, and e-commerce websites across India and increasingly, internationally through strategic partnerships.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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RuPay

India

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.