India, Aug. 20 -- Mumbai, Maharashtra, India - Ebix and its distribution arm Ebix Payment Services along with the NDSL payment banks has registered more than one crore NCMC RuPay smartcards in five months - a pace of roughly 66,000 cards a day, or about 46 every minute, sustained without a break. It ranks among the fastest issuance runs recorded by a financial institution on the RuPay network in India.

What matters more than the number is who is now holding these cards.

Published by HT Digital Content Services with permission from Hindustan Times....