Reported by: banking|Updated: December 5, 2017
Corporation Bank has introduced RuPay credit cards. The bank said in a press statement its RuPay credit cards will be accepted at all RuPay-enabled – around 1.5 million – PoS terminals and 80,000 plus eCommerce merchants in India and all ICS partner acceptance points (POS, e-commerce merchants) globally. Jai Kumar Garg, MD and CEO of the bank, launched the card at the bank’s headquarters in Mangaluru. Garg said the RuPay credit cards will boost digital payment system and will be beneficial in creating a ‘less cash society’. The two cards – RuPay Select credit card and RuPay Platinum credit card – offer personal accident insurance of Rs10 lakh and Rs2 lakh respectively, the press statement added.