What is RuPay card,Visa Card,Mastercard/which card is best visa or rupay or mastercard

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  • Опубликовано: 17 сен 2022
  • RUPAY CARD:
    The RuPay card was introduced in 2012 by NPCI.RuPay cards have seen a massive growth in the last few years.
    RuPay cards can be used for processing transactions domestically.
    It is only accepted at domestic payment systems.
    You cannot use a RuPay card while travelling abroad.RuPay only issues debit cards.
    VISA & MASTER CARD:
    Visa Card and MasterCard are cards of foreign companies that act as payment gateways.
    It provides payment facility to most of the banks around the world through its cards.
    both of these are international cards, so payment is done anywhere quickly and easily. They are valid everywhere.
    Two more benefits of the Rupay card network are..
    The transaction history will not go out of the country if the transaction is within India.
    The banks issuing a MasterCard or a Visa card have to pay a fee every quarter for joining these foreign payment networks. while for issuing RuPay cards, the bank need not pay any fees to join the network.
    Acceptance:
    RuPay is an Indian network and is accepted only in India.RuPay cards are designed only for domestic use and cannot be used for overseas transactions
    Visa and Mastercard are international payment networks and they are accepted across the world
    You cannot use the RuPay debit card to make payments for products from international websites
    You cannot use the card when you are travelling abroad
    Processing Time:
    Being a domestic payment network, RuPay cards work quickly as compared to Visa and Mastercard.
    This is because whenever you make a transaction, the data is sent to the payment network for verification.
    So, for RuPay, the data is processed within the country which takes lesser time whereas, for Visa and Mastercard, the data is sent to the servers available outside the country, which increases the processing time.
    Hence, for domestic use, RuPay cards are a better option than Visa or Mastercard.
    Fees and charges:
    RuPay provides its services to the bank without any charges, whereas, banks have to pay a quarterly or joining fee to avail the services from a foreign payment network.The processing fees for domestic transaction is relatively lower as opposed to the fees levied on visa and Master cards transactions.
    Visa and Master cards are an international payment system, the processing of the transaction takes place abroad. As a result, the service provider charges a higher processing fee.
    the bank may charge an annual fee for using a RuPay debit or credit card. But the overall fees and charges levied on RuPay cards are fewer than Visa or Master cards.
    Processing and Verification:
    Visa and Master cards are foreign companies, the data processing and verification for the transactions done through them is done on the servers of these companies, which takes time
    The Rupay card does the processing and verification on the Indian server, so the transaction gets processed quickly
    Security:
    When it comes to security, RuPay cards are more secure than Visa and Mastercards. One of the major reasons is because it is used within India and the data is shared only with the national networks. Visa and Mastercard transactions, the data is shared internationally which increases the risk for data theft or phishing.
    Target audience:
    The RuPay debit card was primarily launched with a view to tap the untapped consumers in the rural areas of the country and provide them with banking and financial services.The Visa and master card has remained a popular choice in the Metros, tier I and tier II cities.banks in India’s bigger cities are also now offering RuPay debit cards.
    Cash Withdrawal at ATMs:
    You can use both your Visa, master card and RuPay debit cards to withdraw cash
    You can use the RuPay debit card to make cash withdrawals anywhere in India. It cannot be used to withdraw cash when you are travelling abroad.
    Visa and master card has no such limitation. It can be used even at ATMs located outside India.
    queries solved in this video:
    1)which card is best visa or rupay or mastercard
    2)difference between rupay,visa,mastercard in telugu
    Note:
    Posting any content from this channel is all are about my personal views.These videos are intended only for informational purpose or educational purpose.This channel do not promote any products discussed herein.Viewers are subjected to use this information on their own risk.Please contact experts before taking any decisions.
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Комментарии • 24

  • @syedirshaan3005
    @syedirshaan3005 3 месяца назад

    Chala neat and clear ga cheparu. Super explanation ❤

  • @lovelyshortvideosMemes
    @lovelyshortvideosMemes Год назад +3

    Your Explanation Super Brother 👌👌👏👏👏👏👏👏

  • @mpk.31
    @mpk.31 Год назад +6

    Useful information brother 🥂

  • @tarjanhoney1017
    @tarjanhoney1017 2 месяца назад

    Use full information superb

  • @thulasikumar_9140
    @thulasikumar_9140 Год назад +3

    Thank you bro good information ❤️

  • @RAYUDU_ROCKY_45_999
    @RAYUDU_ROCKY_45_999 3 месяца назад

    Very Helpful 👌

  • @Rider_prasad_Edits
    @Rider_prasad_Edits 5 месяцев назад

    Nice explanation.. Bro🎉

  • @VenuGopal-jo6fn
    @VenuGopal-jo6fn 11 дней назад

    👏👏👏

  • @ramananidrabingi8672
    @ramananidrabingi8672 Год назад

    Bro...ye sbi atm card tesukovali...rupee global haa lekha visa globale haa please reply chey bro

  • @veldiganesh8274
    @veldiganesh8274 4 месяца назад

    Anna master card tho charges yela cut auvuthay ante ekkuva cut auvuthay

  • @krishnaraokrishna1006
    @krishnaraokrishna1006 4 месяца назад

    చెప్పినదే చెప్పతున్నవు బ్రదర్

  • @mrrgvsyam4498
    @mrrgvsyam4498 9 месяцев назад +1

    Lag lag ra babu entha cut avthundi matram chepaledhu 😅😅😅😅

  • @ratnababu2990
    @ratnababu2990 Год назад

    Hi bro.. nenu Dubai velutunnanu na daggara visa international card vundi Dubai atm lo balance check chesukovachha money withdrawl avutunda extra charges padataya cheppu please

  • @ramakurimojes1460
    @ramakurimojes1460 Год назад

    Bro na daggara rupay card union bank ki vundhi.dhsnni visa card ga ela marchukovali cheppandi bro

    • @shiva84604
      @shiva84604 8 месяцев назад

      bank velli contact avvandi

  • @mrrgvsyam4498
    @mrrgvsyam4498 9 месяцев назад +3

    Chepinde cheppu Pippi Pippi chysadu ra babu 😅😅😅😅

  • @paidapapudu3767
    @paidapapudu3767 11 месяцев назад +1

    Sbi master card కి international transactions enable చేసిన కూడా payment avvatledhu అన్నా

    • @Ganeshsunkara87
      @Ganeshsunkara87 10 месяцев назад

      ఏ బ్యాంక్ కార్డ్

    • @paidapapudu3767
      @paidapapudu3767 10 месяцев назад

      @@Ganeshsunkara87 S.B.I master card

    • @Ganeshsunkara87
      @Ganeshsunkara87 10 месяцев назад

      @@paidapapudu3767 బ్యాంక్ అకౌంట్ కి లింక్ అయ్యివుండదు 1st 🏧 lo పనిచేయాలి

    • @pauletteespinal4874
      @pauletteespinal4874 8 месяцев назад

      Chlohack_itsolution did, am Really greatful for your help withdrawn back my funds to my wallet

  • @ournation_ourayurveda279
    @ournation_ourayurveda279 6 месяцев назад

    Not informative