RUPAY CREDIT CARD: The use of credit cards has increased in the country over the past few years. The use of credit cards is very easy. If you also use a credit card, then this news can be very special for you. In this article, we are talking about the RuPay Credit Card. RuPay Credit Card offers UPI integration, low cost, and more acceptance. This makes payment very easy. A big change has been seen in the credit card market in the country.
According to the data, 16 percent of the total credit card expenditure in the country is now on RuPay Credit Card. About half of the transactions in this are done through UPI. Let us tell you that this is a Made in India payment network started by NPCI. RuPay Credit Card has become a great option for those using international credit cards like Visa and MasterCard.
Read Here: Special Schemes of States For Women, know Who is Giving How Much Money?
Why is it the most popular
Let us tell you that the RuPay Card is very popular. It has a low processing charge. Along with this, RuPay usually charges a lower processing fee compared to international networks. Along with this, the network merchant discount rate is around 0.45% to 0.9%. Along with this, Visa charges 1% to 3%. MasterCard charges 1% to 3%.
This means that shopkeepers have to pay less processing charge while accepting payment from RuPay cards. Due to which customers get a good deal and also save money. Easy UPI integration is available on this card. There is no need to keep a physical card with it. This card has two payment methods.
Read Here: Big Bihar Govt Jobs 2025! Jeevika Recruitment Out for 2,747 Posts – Apply Now
How to apply for a RuPay credit card
For information, if you are going to apply for a RuPay credit card, then first check your eligibility. It is often seen that a minimum income of 2 to 3 lakhs per annum and a CIBIL score of more than 700 is required to get a credit card. You should also check your credit score before applying. These documents are required
There are some important documents that are required for applying for a credit card. It requires a PAN card, an Aadhaar card, an income certificate, a residence certificate, a passport-size photo, etc.