Scapia & Federal Bank Launch Dual-Network RuPay-Visa Credit Card

In a significant move for fintech and credit innovation in India, travel-focused fintech platform Scapia, in collaboration with Federal Bank, has launched the Scapia Federal RuPay Credit Card, a dual-network credit card integrating Visa and RuPay. The card supports UPI, international usage, and offline and online payments, all consolidated in a single credit statement, targeting mobile-first travelers with zero forex markup, airport perks, and exclusive rewards.

Why in News?

On June 12, 2025, Scapia announced a first-of-its-kind credit card combining both Visa and RuPay networks in a unified offering with UPI capabilities. The card reflects India’s growing shift towards digitized, travel-ready financial services and offers a new level of convenience for users who want the flexibility of international and domestic payments with strong rewards.

Objectives and Aim

• To redefine credit experience for Indian users, especially travelers.
• To integrate UPI and credit usage in a single platform.
• To promote digital payments and enable seamless domestic and global transactions.

Key Features of the Card

• Dual Network Support: Combines Visa (international usage) and RuPay (domestic, UPI).
• Unified Credit Statement: Users receive a single monthly credit statement regardless of the network used.
• Zero Forex Markup: No additional charges on international spending.
• UPI Compatibility: Enables credit-based UPI transactions via RuPay.
• Reward Program: Scapia Coins for every eligible transaction, redeemable for travel benefits via the Scapia app.

Airport Privileges

• Unlimited domestic lounge access.
• Complimentary spa, dining, and shopping at airport outlets.
• Availability: Usable in over 150 countries globally.

Background & Enhancements

• Scapia, founded in 2022, had earlier partnered with Federal Bank in 2023 for a Visa-only card.
• Raised $40 million in Series B funding (April 2025) led by Peak XV Partners.

The 2025 Summer Release of Scapia also includes,

• AI-based waitlist prediction for train bookings.
• Improved stay booking interface.
• Customized fare options for students and senior citizens.
• Redesigned Scapia Coin rewards system.

Significance

• Promotes the RBI’s push for RuPay and UPI credit integration.
• Encourages global spending with local banking trust (Federal Bank).
• Offers a frictionless financial tool for tech-savvy and travel-centric users.
• Supports India’s goal of becoming a global digital payment hub.