The IndiaPay scheme was conceived by the National Payments Corporation of India as an alternative to the MasterCard and Visa card schemes, and to consolidate and integrate various payment systems in India. It was renamed to RuPay to avoid naming conflicts with other financial institutions using the same name.
RuPay facilitates electronic payment at all Indian banks and financial institutions.
Bapuji Co-operative Bank will provide ATM Rupay Card for the customers.