Launched in the year 2012 by the National Payments Corporation, RuPay is a domestic card payment scheme which allows all Indian banks and financial institutions to take part in electronic payments. The objective of Rupay is to make India a ‘less cash’ economy.
Currently, RuPay has collaborated with 600 international, regional and local banks across the country. It has also expanded its shareholding in 2016 to 56 banks to bring more banks across sectors under its support. Today, RuPay is attracting more banks thus offering the users with a seamless payment platform.
RuPay offers users with both debit and credit cards helping them go cashless. Have you ever given a thought as to what Rupay actually stands for? If no, then, here is an amazing fact for you. RuPay is derived from two words ‘Rupee’ and ‘Payment’ put together which is typically known as a portmanteau of two words. RuPay was established to have a domestic version of the global giants such as Visa and MasterCard. It is gaining massive popularity today as it is being opted domestically throughout India and it is internationally tying up with Discover.
RuPay offers the users with a plethora of benefits encouraging quick, prompt and safe online payments within an instant. The RuPay card offers help the users to cut down on their expenses by offering numerous discounts and deals. It is a highly secure network which protects the users’ accounts from phishing.
The various benefits offered by RuPay include:
With the help of RuPay Credit Card, you can make your payments instantly without having to worry about for bank balance. If your salary is just a day far away? Fret not, encash on RuPay card offers and pay less or later. The use of credit cards and the RuPay card offers has undoubtedly made living more comfortable and plain sailing as the users can purchase a lot of luxury items and pay at their own convenience in a highly discounted price.
Well if you are a foodie and love exploring a variety of cuisines then, the RuPay platinum Card can be of great to you. With RuPay Platinum card you can go out anytime and try all your favourite dishes and satisfy all your food cravings and your RuPay Platinum card will take care of it. Well, the deal with a RuPay platinum credit card is that you get cash back on using it for paying bills at restaurants and eateries. The cash backs are not just restricted to just restaurants. Every time you pay any of your utility bills, you are sure to enjoy impressive offers, discounts and cash backs.
The RuPay Classic Card covers insurance. So, get the benefit of comprehensive insurance cover now and keep yourself and your family safe with Personal Accident Insurance and Permanent Total Disability which covers up to Rs.1 Lakh.
Well, the difference between the two is that RuPay is the Indian version which aims at offering the users with a highly secure, safe and quick online payment platform, preventing phishing and encouraging the ‘going cashless’ initiative of the Govt that is increasingly gaining recognition. On the other hand, Visa is an internationally well-known and accepted online payment gateway.
You will find a RuPay card request form in RuPay’s official site. Fill it up by entering all your relevant details and wait for your application to get processed and approved and in no time. After you have finished entering all the required details as requested, you will then have your very own RuPay card, and once you get it, you can go about in making any number of transactions of your choice, be it booking for a vacation or go shopping or just a sumptuous dinner. You can get all of these instantly without any glitches. Whether you wish to opt for an HDFC RuPay card or an SBI RuPay card, this is possible right away once you are done with your RuPay registration. It is as simple as it sounds!
RuPay offers the users with a great number of benefits and offers in various categories be it, entertainment, travel, eateries, groceries and the list is endless.
The advantages of claiming a RuPay Debit card are as follows:
When a RuPay card user makes an online payment he is initiated with SMS alerts and notifications that are sent to his phone number after every transaction which assures transparency and authenticity. Thus, all the RuPay cardholders can be ensured of a secure transaction.
RuPay cards have been customized keeping in mind the product and service requirements specifically of Indians.The RuPay card offers are worth a mention as they cater to all the requirements of an Indian mindset.
When it comes to the RuPay cards transactions, all the processing happens within the country. This results in lower cost of settlement and clearing for the transactions made using RuPay debit card. Banks profit immensely from this as the cost for transaction processing becomes affordable. Also, consumers in rural areas can easily apply and get a RuPay card at their fingertips.
RuPay debit card is designed to provide complete interoperability between payment channels including mobile technology, ATMs, cheques etc.
The transactions carried out through a RuPay card are approximately 23% less expensive than those done by Visa, MasterCard, and AmEx cards. The processing for Visa, MasterCard, and AmEx transactions takes place overseas which is why the fees charged are relatively higher.
Some of the latest RuPay Debit card offers include Rs. 75 off on BookMyShow, 30% off on hotel booking with MakeMyTrip, 10% cash back on bus tickets with RedBus, Rs.10000 cash back on flights and hotels with ClearTrip, 20% off on your first food order with Swiggy and many many more.
We, at KaroBargain update all the latest Rupay card offers from time to time thus helping our customers save big on their purchases. So, don’t forget to keep a regular track of our page so that you do not miss out on any of the special Rupay debit card offers and enjoy shopping at super-affordable prices.
Here are some of the features offered by RuPay debit cards that set it apart from other debit cards in the market.
The various banks offering RuPay cards include: