Contactless Cards, Rupay Card

29/06/2022 0 By indiafreenotes

Contactless Cards

Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC, e.g. Samsung Pay, Apple Pay, Google Pay, Fitbit Pay, or any bank mobile application that supports contactless) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card, fob, or handheld device over a reader at the point of sale terminal. Contactless payments are made in close physical proximity, unlike other types of mobile payments which use broad-area cellular or WiFi networks and do not involve close physical proximity.

EMV is a common standard used by major credit card and smartphone companies for use in general commerce. Contactless smart cards that function as stored-value cards are becoming popular for use as transit system farecards, such as the Oyster card or RioCard. These can often store non-currency value (such as monthly passes), in additional to fare value purchased with cash or electronic payment.

A contactless smart card is a contactless credential whose dimensions are credit-card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports.

There are two broad categories of contactless smart cards. Memory cards contain non-volatile memory storage components, and perhaps some specific security logic. Contactless smart cards contain read-only RFID called CSN (Card Serial Number) or UID, and a re-writeable smart card microchip that can be transcribed via radio waves.


Contactless smart cards can be used for identification, authentication, and data storage. They also provide a means of effecting business transactions in a flexible, secure, standard way with minimal human intervention.


A contactless smart card is a card in which the chip communicates with the card reader through an induction technology similar to that of an RFID (at data rates of 106 to 848 kbit/s). These cards require only close proximity to an antenna to complete a transaction. They are often used when transactions must be processed quickly or hands-free, such as on mass transit systems, where a smart card can be used without even removing it from a wallet.


Contactless smart card readers use radio waves to communicate with, and both read and write data on a smart card. When used for electronic payment, they are commonly located near PIN pads, cash registers and other places of payment. When the readers are used for public transit they are commonly located on fare boxes, ticket machines, turnstiles, and station platforms as a standalone unit. When used for security, readers are usually located to the side of an entry door.

Rupay Card

RuPay is an Indian multinational financial services and payment service system, conceived and launched by the National Payments Corporation of India (NPCI) on 26 March 2012. It was created to fulfil the Reserve Bank of India’s (RBI) vision of establishing a domestic, open and multilateral system of payments. RuPay facilitates electronic payment at all Indian banks and financial institutions. NPCI maintains ties with Discover Financial, JCB to enable RuPay card scheme to gain international acceptance.

Features of RuPay Debit Cards

RuPay debit cards have several unique characteristics that differentiate them from other debit cards on the market.

  • RuPay debit cards are recognised by over 10,000 e-commerce sites with over 8 lakh payment terminals.
  • RuPay debit cards are approved at about 1.8 lakh merchant outlets in India.
  • All transactions take place within the country.
  • Compared to other debit cards on the market, this would result in speedier transactions.
  • RuPay cards are available from the government, private banks, cooperative banks, and rural banks.
  • When you use RuPay cards to make a purchase, the merchant is charged a 0.01% transaction fee.

Features of RuPay Credit Card

 The Central Bank of India and the Indian Banks Association employ the RuPay network to provide a safely and securely electronic payment process across India, allowing the RBI to achieve its goal of a paperless society.

  • RuPay Credit Cards, released in June 2017, enable individuals to make secure purchases of goods and services at participating merchants in India and abroad.
  • More than 700 Indian banks now issue RuPay Cards. So far, more than 350 million cards have been issued.
  • There are three main kinds of RuPay Credit Cards: R uPay Select, RuPay Platinum, and RuPay Classic.