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Indusind Rupay Platinum Credit Card is Live ....

RBL ka Mastercard ke liye soft corner hai. Rupay kya Visa ko b bhao ni dete ye log.
Mastercard RBL, Axis, Yes bank k core banking partner hai.

Hakali recently RBI k rules k under koi new agreement nahi kar sakta hai card network k sath but old agreement toh continue rahega next 5 to 10 years tak.

RuPay saare CC issuer k sath credit card launch karega kaha hai but time lagta hai. Umeed toh hai next 5 years me saare Credit Card issuer k sath RuPay CC launch kare.
 
What will Banks do if people dump those cards in India. Banks has to change and they will. Rupay Cards is a revolution in India.
Banks will never dump visa-mc because banks dnt want to depend on single card network.

We need one more Indian Credit Card network company like RuPay.

American have multiple card network Visa & Mastercard (also Amex & Discover/Diners club/Pulse), which is why they dominate the world.

This is human physiology, we always want to try alternative. Also we (including banks and countries) dnt want to depend on single card network.

I remember once Dilip Asbe, CEO of NPCI had said, NPCI employees are under pressure when RBI proposed "NUE entity license" (rival to NPCI).

I also heard NPCI fire few employees that time, those who are not qualify.

However the entire proposal was scraps by RBI. RBI told - No innovative or infrastructural solutions received in NUE applications.

If we really want to make RuPay successful we need another Indian credit card network company.

And this can be easily done by giving RuPay technology to any other Indian company and the owners of the new companies will again be Indian banks and foreign banks.

We (India) already selling our RuPay technology to UAE based AEP (Al Etihad Payments) to launch UAE Domestic Card Scheme (AEP recently got license from UAE's central bank to launch UAE Domestic Card Scheme and also recenlty launch UPI like Instant payment system "Aani" in UAE).
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What we have to do is create a new Indian credit card company and sell RuPay technology.

Many people dnt know that in early days mastercard use Visa's paysecure ecom gateway.

Early days, AMD using Intel's x86-64 architecture (Intel sold x86-64 architecture to AMD).

Ofcourse when these companies were growing, they develop their own architecture.

Today's Mastercard have their own mastercard securecode/mastercard ID check gateway.

AMD's x86-64 architecture is now completely different from Intel's x86-64 architecture.

Now when will the govt and RBI do this ? God knows.
 
Kya karoge sir aap RBL Card ka. Koi Core Card LTF toh hai nahi aaj kal.
Haan ye bhi theek hai par RuPay card ko shayad wo log LTF de sakte hain jaise YES Bank aur Kotak ne diya Virtual mein ya phir ICICI Coral ki tarah physical card bhi de sakte hain.

My point was that ki saare bade banks ne RuPay launch kar diya hai phir ye RBL kyun nahi de rha hai? RBL is too much into credit card business but still hasn't launched RuPay so it was weird.
 
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