NPCI lets Indian merchants accept RuPay domestic card payments on standard NFC phones

Merchants in India can now use a standard NFC mobile phone to accept contactless RuPay domestic card payments valued at up to 5,000 rupees.

The RuPay POS solution enables merchants to turn their Android smartphones into POS terminals and accept tap-and-pay payments from RuPay cardholders via the PayNearby payments app.

RuPay POS is being launched by the National Payments Corporation of India (NPCI) RuPay card network in partnership with RBL Bank and payments technology provider PayNearby.