DEBIT CARDS BASED ON RUPAY PLATFORM LAUNCHED

State Bank of India (SBI), Bank of Baroda, Bank of India, and Union Bank of India formally launched debit cards based on the indigenously developed RuPay payment platform. The RuPay branded debit cards will be accepted at all 91,000 ATMs and over six lakh point of sale (POS) terminals in the country. In due course, these cards would be accepted on Internet and also at ATMs/ point of sale (POS) terminals abroad.