The card will offer 1 per cent cashback on every transaction and other unique hyperlocal propositions with attractive rewards on spending at popular merchants
Interchange charges are only applicable for the prepaid payment instruments (PPI) merchant transactions and there is no charge to customers, NPCI clarified in a statement
With this, PPBL has aimed to empower users with convenient payments through a greater acceptance of RuPay credit cards, strengthening the credit card ecosystem in India