Wednesday, March 28, 2012

RuPay Debit Cards Launched by NPCI

The National Payments Corporation of India (NPCI) has launched its much awaited payment network, RuPay, which will compete with international payment product facilitators, MasterCard & Visa, reports The Hindu Businessline. public sector banks, State Bank of India, Bank of Baroda, Bank of India, & Union Bank of India, launched debit cards based on the platform. Bank of India inclusion in this list is probably elderly, though it had launched Aadhar enabled debit bards on the RuPay payment network, in July 2011. Other banks that have signed MoUs with NPCI for launching the RuPay platform include Punjab National Bank, Canara Bank, ICICI Bank, HDFC Bank, Citibank & HSBC.

Around 200,000 cards have been issued by RuPay & its targeting ten million debit cards in the network by March 2013, according to a document by Livemint, that quotes NPCI MD & CEO, AP Hota. A tie-up with Discover, US based card issuer & payments company, also allows RuPay cardholders to utilize the Discover, Diners Club International & PULSE networks for international purchases & money access outside of India. However, users won't be able to make use of RuPay based Debit Cards online until September.

Thursday, March 22, 2012

Census Register is going to be ready in a single year

National Population Register (NPR) is going to be prepared within twelve months based on census carried out throughout 2011 from first June to 15th June, according to directions of Director, Census Punjab, mentioned by Dr.S.Karuna Raju, Principal Census Officer-cum-Deputy Commissioner, Ferozepur and Er.D.P.S.Kharbanda, ADC-cum-Census Officer while addressing the district officials.

Dr.Raju stated that National Population Register has been prepared under People Act 1955 and according to provisions from the Act, every citizen is legally certain to get his title registered.  Deputy Commissioner managed to get obvious that whose photos happen to be clicked on for Aadhar card, they're going to have to once more get a photo and show the slip provided to them regarding Aadhar card.

Furthermore, there won't be any charges to make National Identity Card.  Stating the significance of National Identity Card based on  NPR, he stated this identity card is going to be valid throughout India for identity reasons.