Nov 30, 2017

Should Govt direct Banks to give us RuPay Debit Cards instead of Visa/MasterCard?

RuPay is our desi debit card whereas Visa and MasterCard are foreign. We can save transaction charge too. RuPay is cheaper and Indian. Means transaction charge deducted through that will be used here. So, do you think, Govt should issue directive to Bank to use RuPay debit card instead of Visa/MasterCard for customers!

Lower transaction charge can help in more digital transaction and that means closer to Digital India.