InvestorQ : Who issues the various credit/debit cards in India?
divya Sing made post

Who issues the various credit/debit cards in India?

Answer
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Anusha Savla answered.
1 year ago


Debit cards are issued by banks and are linked to a bank account.

Credit cards are generally issued by banks and a couple of non-banks, but can also be issued by other approved entities.

Prepaid cards are issued by banks / non-banks against the value paid in advance by the cardholder and stored in such cards which can be issued in the form of cards or wallets.