ATM card New Rule: Recently, new rules have been implemented by the Reserve Bank of India for debit and credit card users, according to the new rules, major changes will be visible in a few months, which will benefit crores of people.
New Delhi: If you have a debit or credit card, then it is very important to pay attention to this new information, because a major change has been made keeping in mind the new rules issued recently, after many years such Changes have been issued. , If you also have a debit card or credit card, then you have to take care of this.
Debit and credit card new rules
Recently, from RBI, you will get more benefits on using debit and credit cards, that is, no matter which country you are in, you will be able to use it all over the world, which is a big achievement. The new rule will give double happiness to the RuPay card holders as the RuPay card will get a boost. Now customers will be able to choose the card network while taking debit and credit cards. RBI has also issued a new circular for suggestions.
Credit and debit cards can be ported like mobile numbers, card portability can start from October 1, RBI has issued a circular seeking opinion. That is, as you used to get your network ported in SIM, now there are many card companies like VISA, RuPay, Master Card, American Express, about which you can decide for yourself which card you want, tell all are different. Different cards have different utility and benefits, which you can now choose as per your choice.
Card network portability
VISA is the largest card company in the world as it is present in more than 200 countries and the market cap of this company is 489.50 billion i.e. around 40 lakh crore rupees. The most popular company in the world after Visa is Mastercard, which is available in 150 countries. From this you will know that RuPay is our indigenous card network.
Because it is necessary, the card network changes
According to the current rules, till now in whatever bank you used to open an account, you were given a debit card of any company, after which there were different rules for their service i.e. points and transactions with anyone. . card. You can’t do online shopping, you can’t make international payment with any card, so looking at all these problems you will know about your already good card and you can buy credit and debit cards from banks according to your usage. Can ask Can do
