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Yes Bank Launches Credit Cards On RuPay Platform

Abhishek012

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  • Card variant launched for YES Prosperity customers
  • Loaded with a range of rewards, offers and lifestyle privileges
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Mumbai, December 6, 2021: YES BANK has partnered National Payments Corporation of India (NPCI) to offer Rupay branded credit cards to its customers on the indigenously developed payment platform, offering another convenient avenue to extend the purchasing capacity of its customers.

YES Prosperity Rewards Plus credit card variant, crafted for the Bank’s YES Prosperity segment, comes with multiple benefits for customers. The most attractive of these include rewards points that mount up with every purchase on the Card, fuel surcharge waiver, accelerated rewards points on YES Cart and merchant offers enabled by the Bank in collaboration with NPCI, which has developed the RuPay card payment network.

The parternship was announced at the Digital Payments Utsav at New Delhi in the presence Shri Ashwini Vaishnaw, Cabinet Minister, Ministry for Railways & MeitY (Ministry of Electronics and Information Technology) and Shri Rajeev Chandrashekhar, MoS, MeitY.

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Official Press Release Source Link - https://www.yesbank.in/media/press-releases/yes-bank-launches-credit-cards-on-rupay-platform
 
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Msingh

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This is great news, was looking for rupay credit card for offline transactions.
 

Detective Conan

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@Abhishek012 kindly edit thread title and use small case letters , and remove other lines only keep 1st paragraph or 2 paragraph . modify the thread title by removing one word or replacing it with similar word.
As keeping all words in capital means as if shouting in internet and against forum rules . only keep first 4 -5 line , if any other thing you want to specify or mention it in your own words.
 

Sai Jai

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I have HDFC rupay card. But unable to do no cost emi transaction on Amazon/Flipkart
Yes biggest clawn of rupay we don't know whom will accept or who won't for transaction again government is mum on this to downgrade rupay like BSNL 😤😤

 

Abhishek012

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I have HDFC rupay card. But unable to do no cost emi transaction on Amazon/Flipkart
Yes biggest clawn of rupay we don't know whom will accept or who won't for transaction again government is mum on this to downgrade rupay like BSNL 😤😤
HDFC RuPay Credit cards are supported EMI transaction but if im not wrong, no cost emi transaction is supported only on specific products right ?
 

Sai Jai

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but if im not wrong, no cost emi transaction is supported only on specific products right ?
Yes No cost EMI on selected products only as per seller presepective but still rupay for transaction is not upto the mark many review are negative I came across else I may have atleast rupay Debit card in my hand at this time but i regret to do so 😔
 

Abhishek012

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Yes No cost EMI on selected products only as per seller presepective but still rupay for transaction is not upto the mark many review are negative I came across else I may have atleast rupay Debit card in my hand at this time but i regret to do so 😔
RuPay card transaction work smoothly, apply RuPay debit card from private bank or small finance bank or SBI bank. Other govt banks, co-operative banks etc service are worst.

First thing you should know NPCI/RuPay is a private company, maximum shares owned by govt banks and private banks like HDFC, ICICI HSBC, Citi bank etc. Infact very few percentage also owned by Amazon, Walmart's phonepe, paytm bank, mobikwik and other private fintech companies and big giant multinational companies. NPCI operate like any other private companies.

When NPCI was set up, its main objective was to digitize all Indian small banks and public sector banks. currently, 1150+ banks issuance RuPay cards and 1000+ bank now support RuPay card E-com transaction. These are very small banks, These banks do not have enough funds to use best technology service provider (ACS / Switch service provider).

HDFC, ICICI, SBI and other big private banks use their own servers, build their own technology service provider and invest a lot of money to build their own payment infrastructure.

All RuPay card negative news you will be hear from small banks or other public sector banks. I always use private banks RuPay card. Never faced any problem on RuPay card transaction but yes sometimes there are problems due to technical reasons like last time in march month or april, ICICI RuPay debit card was not working properly, sometime server time out error was happening on 3d secure page. I complained to ICICI bank they took 2 weeks but after that till now i have not face any problem yet.

One more thing, apply for RuPay Platinum debit card because RuPay Platinum debit card offer 20% off upto 100 per month on AmazonPay wallet load on fridays. Also offer on Swiggy 20% off upto 100 per month on fridays.

 

Abhishek012

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As per my self experience Rupay card is really worst 😫
Use RuPay card of private banks, small finance bank or SBI bank for best payment experience. :)

Card transaction proceed by banks, if bank have poor payment infrastructure, you will get poor service. Before RuPay only 40-50 banks issue cards in India and after RuPay 1150+ banks issue cards in India.
 
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