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From Visa to RUPAY You Can Port

From October 1 you can port your credit card and debit card, be it Visa or Rupay

As of now, when you apply for a credit or debit card, you would not be able to choose the network as it is decided by the card issuer. 

By Crox Times Desk: With effect from October 1, all credit card, debit card, and prepaid customers in India will be to port their networks. This is quite similar to the mobile portability of Vodafone, Jio, and Airtel, now card issuers would be able to port from VISA to Mastercard to Rupay or any other network or vice-versa of their choice. 

The regulatory body RBI issued a new circular empowering debit, credit, and prepaid card users can select their preferred network, which challenges the current challenge that the credit card network is decided by the issuer and network. 

What is Credit Card Portability?

Card network portability allows consumers to transfer their card accounts from one network to another of their this is quite similar to a mobile network. With card network portability, cardholders have the flexibility to migrate to different payment networks while keeping their existing card accounts, balances, and credit history in fact. 

Let us explain this by example, whenever you apply for a debit card or credit card. It would always have either Visa, Mastercard, Diners Club, or Rupay written on it. But you do not get to choose the issuer? This is because your bank has been choosing the network provider as per your requirements. But this is going to be revamped soon. 

RBI noted that the current existing arrangement existing between card networks and card issuers is not up to the mark of the availability of customers.


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