RuPay Card A Financial Inclusion In The Economy

"A Cashless Economy is secure, it is clean. You have a leadership role to play in taking India towards an increasingly Digital Economy." – Narendra Modi

With the increasing awareness & know-how in the use of digital technology, masses around the globe are inclined to use it to their benefit & subside the risks. Digital platforms have taken over in the contemporary era in all spheres ranging from online shopping, ticket booking to banking. Digital banking is the new trend with the majority of the users trying to go cashless for their security & peace of mind. While all of us are so busy & accustomed to the use of American companies owned Visa & MasterCard, we need to recognize the seamless benefits of an Indian domestic card – RuPay Card

RuPay was conceived & launched by the National Payments Corporation of India (NPCI) in 2012 in an effort to promote the causes of financial inclusion in the country. We should take pride as RuPay is India's own domestic network, which has been developed like international payment networks such as Visa, MasterCard, American Express, etc. This plastic money is an Indian payment gateway with low commission & electronic payments made possible at all Indian banks & financial institutions. You can avail your RuPay card at almost all major public sector banks included & not limited to SBI. Moreover, in order to provide high-end security for large amounts of transactions, there is a Europay, MasterCard & Visa (EMV) chip embedded in it.

You might wonder why do you need an Indian domestic debit card when you have an International System Debit card in your name? Here's what you need to know to stimulate yourself to own a RuPay card:

Operating costs are the dominating factor when it comes to going cashless with digital money. The cost of transactions involved with RuPay cards is very low in comparison to the other debit card alternatives such as Mastercard because of the entire transaction being within the country.

• RuPay Credit Cardholders can easily book train tickets on the IRCTC ticketing website without any hassles.

• Experience flexibility being a member of the RuPay community with high transaction & withdrawal limits since these debit cards are backed by the Government of India.

• Be more secure with the use of RuPay cards because the operations are limited within India only and not processed internationally thereby curtailing the risk of data theft.

• Each transaction is processed securely with PINs associated with every payment thus making it user-friendly & smoothly adaptable.

Now that you are well informed with the perks & application of RuPay debit cards, hurry up and get your card from a secure, trusted & noted name in the Banking sector – Gujarat Mercantile Coop Bank LTD (GMC). Visit us to learn more about the terms & conditions, procedural formalities & documentation requirements for enrolling yourself to be a holder of GMC Bank RuPay Card at ease without further delays.