large scale image
LCP Image

Back to TSCFM News

Cashfree payments partners with NPCI or RuPay cards

June 03, 2022

Cashfree payments partners with NPCI or RuPay cards
Cashfree Payments, one of the leading payments and API banking solutions companies, on Thursday announced its partnership with National Payments Corporation of India (NPCI) to give tokenization solutions on RuPay cards for its merchants.

Cashfree Payments’ tokenization solution ‘Token Vault’ would help merchants by giving their clients the option to save cards on the trader site or application and cycle card payments safely while being RBI agreeable. With this organization, Cashfree Payments turns into a confirmed and compliant payment tokenisation service provider across key card networks like RuPay, Mastercard, and Visa.

Token Vault supports all major card types Mastercards, check cards, pre-paid cards, and corporate cards. Organizations can incorporate Token Vault API with their foundation with a single integration. Once coordinated, Cashfree Payments deals with both saved card function and processing payments.

Akash Sinha, CEO and Co-Founder, Cashfree Payments said, “We are glad to partner with NPCI to enable tokenisation for RuPay cards and enable our merchants with secure and compliance-friendly payments inflow framework. At Cashfree Payments, it is our focus to build creative and effective solutions, to help provide a simpler, safe and seamless experience to our dealers. Our business, products, vision and mission support a digital and an inclusive Indian economy.”

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp