I’m reading some articles, that states that experts warn that even Visa could see a ban like the one that American Express, Diners Club International, and Mastercard are facing. What is Jupiter’s view on issuing RuPay card?
Visa is already following RBI Guidelines
If Visa got ban this Market will be Crashed
No chance for VISA Ban,
VISA issues the most Cards in India currently.
There are so much variants : Classic, Platinum, Signature etc…
And a fair share of this is Credit Cards, so a ban could sure cause some major economic distress…
MasterCard has a 33% market share, which is almost the same as that of Visa Card. RBI is getting strict about the rules.