Hey what's the advantage of Rupay over Visa/MasterCard for this card (or any card)?
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Everyone cannot go to the border for the security of the nation. We can serve the nation through RuPay card as well. If you develop a habit of using RuPay card. It will also become a medium to serve the nation. 🤣🤣
RuPay card is Indian payment card. RuPay will save us from the sanctions of western countries. With RuPay we also save foreign exchange reserves worth crores of dollars (maybe one day we will save billions of dollar foreign exchange reserve).
One thing always remember 99% offers are offered by banks and rewards points are also offer by banks. Visa/Mastercard has nothing to do with it, You will get same rewards and benefit on RuPay cards too.
Competition -
Competition favours consumers - Competition between companies translates into a greater quantity of products and services, a better quality of goods, and lower prices. In the end, this is what the consumer is looking for — the best quality at the best possible price.
Now a days you can see, RuPay CC is focusing more on Premium (Platinum) segment that's why Visa/mastercard push banks to launch more Super Premium and Ultra Premium cards on the Visa/mastercard network. However, this is just the beginning, in the next 10 years you will see a bigger picture.
But few thing you have already seen, Visa cards are now giving ads on TV. Visa CC have 70% market share in credit card segment in India. Why does Visa card need to advertise on Indian TV channels ? because Visa is losing market share in India.
Visa Signature cards are now also offering some promotional offers due to the RuPay Select card offer.
One of the most advantage of RuPay credit card is that RuPay CC link with UPI, you can pay through Credit on UPI to all your local merchants or small merchant (online/offline) without any extra charges under Rs2000 transaction.
If RuPay Credit Card on UPI gets success in next few years. You will see Visa/mastercard credit card will also allow to link with UPI.
There's so much to say, advantage of RuPay over Visa/MasterCard but some day i will write an article about why we should use RuPay card.
