RuPay Expands E-Commerce Acceptance in India with DirecPay
May 15, 2014
After formally launching its payment network last week , India’s RuPay yesterday bolstered its e-commerce capability by partnering with digital payments provider TimesOfMoney and its online processing solution DirecPay. RuPay launched its e-commerce solution PaySecure in June of 2013 , which now enables RuPay debit-card transactions on more than 10,000 Websites. Under the agreement with TimesofMoney, all merchants using DirecPay will be able to accept RuPay transactions.
“Partnering with NPCI and enabling RuPay payments is a step towards powering the exciting growth of e-commerce in India,” said Avijit Nanda, CEO TimesofMoney. “With 200 million Internet users and ecommerce revenues growing beyond $2 billion last year, we are keen to fuel this growth further with RuPay and make India a digitally-led economy.”