Upgrade for a Better Lifestyle: Know the Benefits of RuPay Cards

  • Published on: 13 Jun 2024
Upgrade for a Better Lifestyle: Know the Benefits of RuPay Cards

There are many benefits of a RuPay card, especially now, as you can link a credit card to UPI. This multinational payment network, launched by the Reserve Bank of India (RBI), is an initiative to promote a cashless economy.

With other competitive payment networks available, such as Visa and MasterCard, choosing one can be difficult. Here are some RuPay credit card benefits you can consider to make an informed decision. 

Wide Range

In partnership with top Indian banks, RuPay offers a variety of card options to choose from. Having a diverse range of card options allows you to select the best option based on your requirements. You can even get a lifetime-free RuPay credit card. Some other types of cards include:

  • Travel 
  • Fuel 
  • Rewards 
  • Shopping 

There are exclusive cards for the Indian Army. Many co-branded credit card options are also available with RuPay as a payment partner, so you can easily get the most suitable option. 

Better Customer Security

With robust security measures and virtual existence, you can relax and use your RuPay credit card with minimal risk. Additionally, its network is only established in India. This reduces the risk of data breaches compared to international payment networks. 

Lower Transaction Cost

The transaction fee is in dollars with international networks, such as Visa and MasterCard. After the currency conversion, the cost can be relatively high for Indian users. However, India-based payment networks calculate the cost in national currency, which is why it’s more affordable. 

It is also more feasible as the transaction processing takes place domestically, reducing the overall data verification and processing cost. Additionally, these credit cards have nominal or zero joining and annual fees and low maintenance charges. 

UPI Integration 

You can easily integrate a RuPay credit card with the UPI apps of your choice to make seamless and hassle-free online payments. This way, you can easily make person-to-person and merchant payments from your credit cards with the security of UPI. 

Global Recognition

Although its primary focus is facilitating streamlined domestic transactions, you can make international payments. This is possible due to integration with different global payment networks around the world.  So, you get to enjoy numerous benefits of a RuPay card worldwide with its vast network of 60+ million merchant outlets, including

  • Retail stores 
  • Restaurants 
  • E-commerce platforms 
  • Merchant websites 
  • Online food and grocery ordering apps 
  • Luxury stores

Contactless Payments 

You can also complete secure contact-free transactions thanks to the Radio Frequency Identification (RFID) technology. To do this, simply tap your credit card over the POS machine and the amount will get deducted from the card. 

This is a relatively secure way to make payment instead of handing over your card to a stranger, who can use your card details or swipe it through a skimmer.

Cost-effective Option 

You can also get a lifetime-free RuPay credit card, which is an affordable option designed to cater to individuals from various socio-economic backgrounds. Apart from this, the other options also come with lower charges, making it an affordable option. This initiative empowers Indians to enjoy better banking services and financial independence. 

Digital Transformation

An added perk of choosing a RuPay credit card is that you get to participate in the ongoing initiative for the digital transformation of the Indian economy. It promotes a cashless economy, with efficient and transparent transactions and financial inclusion on a national level. 

Knowing all these benefits of a RuPay card, it’s evident why it is a great option. The Fibe Axis Bank Credit Card is India’s first numberless credit card and is also UPI-enabled. So, you get maximum security against identity theft and fraud. 

You can also enjoy many lucrative perks, such as cashback of up to 3% on all online and offline payments. You can also enjoy 4 annual complimentary access to domestic lounges in a calendar year.

In addition to this, you can unlock a 1% fuel surcharge waiver when making a transaction between ₹400 and ₹5,000. Moreover, it’s a lifetime-free RuPay credit card, allowing you to save more. Download the Fibe App or visit the website and apply now! 

FAQs on RuPay Credit Card

Is a RuPay debit card good?

Yes, all RuPay cards allow you to make swift and secure payments online and offline. 

Is RuPay safer than Visa?

This depends on your preferences. However, RuPay is India’s indigenous payment card network and therefore, user data circulates within the country. On the other hand, Visa is an international payment card network that shares data internationally. This increases the possibility of data and identity theft. 

Can I convert RuPay to Visa?

Yes. The Reserve Bank of India issued a circular that allows you to port your credit or debit card network, just like a mobile network. 

Who is the owner of RuPay?

RuPay is a product launched by the National Payments Corporation of India (NPCI). It is empowered by the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA).


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