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Scapia Partners with Federal Bank to Launch Dual-Network RuPay Credit Card

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RBI Grade BNABARD ESISEBI
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Context:

Scapia, a Bengaluru-based travel fintech startup, has partnered with Federal Bank to launch the Scapia Federal RuPay Credit Card, featuring a dual-network architecture (VISA + RuPay). The card is designed for seamless integration of credit and UPI payments, catering especially to frequent travelers and digital-savvy users.

Key Features of the Scapia Federal RuPay Credit Card

  • Dual-Network Support:
    • Works on both VISA and RuPay, allowing for online, offline, UPI, and international transactions from a single credit card account.
  • Integrated Spend Management:
    • Users can track both credit card and UPI expenses (via RuPay) in one consolidated platform.
  • Zero Forex Markup:
    • No foreign exchange markup fees on international purchases, enhancing value for global travelers.
  • Exclusive Airport Privileges:
    • Unlimited domestic airport lounge access
    • Complimentary dining, shopping, and spa benefits at airport outlets.

About Scapia

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More on this exam

  • Founded: 2022
  • Headquarters: Bengaluru
  • Founder & CEO: Anil Goteti

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