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India's domestic payment card scheme took a leap forward this month with the National Payments Corp. of India collaborating with two banks to launch RuPay-branded ATM cards.
On May 14, Maharashtra-based cooperative Gopinath Patil Partik Janata Sahkari Bank began issuing India's first RuPay ATM Card, and regional rural bank Kashi Gomti Samyut Gramin Bank announced on May 23 the launch of its own ATM...