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Corporate Laws Central Ministry of Finance Payment and Settlement Systems Act, 2007

Addendum to Enablement of Pre-authorization for RuPay Cards

09-Feb-2024 | NPCI/Rupay/023A/2023-24

NPCI has issued circular on Enablement of Pre-authorization for RuPay Cards. By virtue of this circular the action required to be taken by the member banks and payment gateways is laid down as under:- 1. Issuing Bank: The issuer shall identify the pre-authorization transaction basis the value 55 in DE-25 in the online transaction message and shall secure the funds in the cardholder's account. It shall also ensure that the pre-authorization hold amount, duly specified by the merchant, remains accessible to cover the pending transaction until the final settlement amount is determined. 2. Acquiring Bank: The acquiring bank shall send the value 55 in DE-25 in the online transaction message to initiate a pre-authorization for POS transaction. 3. Payment Gateway (PG): For online e-commerce transaction, the PG shall send the pre- authorization indicator in the BEPG_Authorize API to initiate a pre-authorization. Member banks/ PGs are requested to make all the necessary changes and comply to the above actions by 31st March 2024.

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