Debit cards have become a necessity for everyone these days; you can find almost everyone carrying a debit card with them. Debit cards are a convenient mode of payment. If you have a debit card with you, you will not have to carry a whole lot of cash for transactions and expenses and it will prevent you from overspending due to the limits imposed on debit cards. However, if you are not quite sure of the different types of debit cards available in the market, and how they work, then read on.
1. MasterCard Debit Cards
MasterCard is one of the biggest and widely used debit cards in the world and since they are very popular, almost all the major banks provide their customers with one. Because of its vast reach, you can use MasterCard to withdraw money from any bank in the world and not just India. You can also use this ATM card to shop from any foreign online store, which you cannot do with any and every debit card. Additionally, MasterCard boasts of a very impressive 24/7 customer service and resolves issues rapidly, and is also known for their lucrative customer benefits and rewards program.
2. Visa Debit Cards
Visa debit cards are the most popular form of ATM cards in India. Almost everyone has one and a majority of Indian banks have a tie-up with it. There are several reasons behind their popularity and they are as follows:
- The Visa Global Customer Assistance Service provides a 24-hour customer service, which makes it easier for customers to reach out them in case of any emergencies or doubts.
- The Verified by Visa (VBV) service ensures increased security when it comes to online transactions so that you can shop online without any tension and worries.
- The 24 Hour Concierge Service feature contributes to making things like hotel reservations, purchasing flight tickets, flight reservations, restaurant reservations etc. a lot easier.
- Their Visa ATM network is also very vast and provides a wide coverage.
3. Maestro Debit Cards
Maestro Debit Cards serve as the choice of over 1.5 Crore POS terminals in India except for a few. The biggest reasons for their popularity are their low transaction costs and the fact that they are fast and flexible. Maestro Debit Cards are protected by a very advanced security system, which makes them a very safe option for users. This card can well be used as an international debit card, in case you are travelling abroad. Due to all these reasons, it is the preferred choice of ATM card for the majority of banks out there.
4. RuPay Debit Cards
Ever since RBI has introduced RuPay in 2012, it has rapidly gained popularity amongst the masses. Many people, due to easy availability in rural areas and low transaction costs, consider using RuPay. It is also believed that this debit card is more flexible than its competitors are. In addition, it allows safe online transactions and secured payment at POS terminals.
1. MasterCard Debit Cards
MasterCard is one of the biggest and widely used debit cards in the world and since they are very popular, almost all the major banks provide their customers with one. Because of its vast reach, you can use MasterCard to withdraw money from any bank in the world and not just India. You can also use this ATM card to shop from any foreign online store, which you cannot do with any and every debit card. Additionally, MasterCard boasts of a very impressive 24/7 customer service and resolves issues rapidly, and is also known for their lucrative customer benefits and rewards program.
2. Visa Debit Cards
Visa debit cards are the most popular form of ATM cards in India. Almost everyone has one and a majority of Indian banks have a tie-up with it. There are several reasons behind their popularity and they are as follows:
- The Visa Global Customer Assistance Service provides a 24-hour customer service, which makes it easier for customers to reach out them in case of any emergencies or doubts.
- The Verified by Visa (VBV) service ensures increased security when it comes to online transactions so that you can shop online without any tension and worries.
- The 24 Hour Concierge Service feature contributes to making things like hotel reservations, purchasing flight tickets, flight reservations, restaurant reservations etc. a lot easier.
- Their Visa ATM network is also very vast and provides a wide coverage.
3. Maestro Debit Cards
Maestro Debit Cards serve as the choice of over 1.5 Crore POS terminals in India except for a few. The biggest reasons for their popularity are their low transaction costs and the fact that they are fast and flexible. Maestro Debit Cards are protected by a very advanced security system, which makes them a very safe option for users. This card can well be used as an international debit card, in case you are travelling abroad. Due to all these reasons, it is the preferred choice of ATM card for the majority of banks out there.
4. RuPay Debit Cards
Ever since RBI has introduced RuPay in 2012, it has rapidly gained popularity amongst the masses. Many people, due to easy availability in rural areas and low transaction costs, consider using RuPay. It is also believed that this debit card is more flexible than its competitors are. In addition, it allows safe online transactions and secured payment at POS terminals.
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