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.
Summary/Static Details
Why in the news? Scapia & Federal Bank Launch Dual-Network RuPay-Visa Credit Card
Card Name Scapia Federal RuPay Credit Card
Partners Scapia (fintech) & Federal Bank
Networks Supported Dual: Visa (global) + RuPay (domestic/UPI)
Special Features UPI credit payments, single statement, 0% forex markup
Rewards Scapia Coins redeemable on travel, dining, stays
Additional Perks Domestic airport lounge access, spa/dining privileges
Target Users Mobile-first travelers, international spenders

Shivam

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