There are primarily three major payment networks for ATM or debit cards available in India: Visa, MasterCard, and the domestic RuPay. Additionally, they can be categorized by their features and format.
- Network-based: The main types are Visa, MasterCard, and RuPay, which determine where the card is accepted globally and domestically.
- Feature-based: Contactless cards are a modern variant that uses Near Field Communication (NFC) for quick, tap-based payments.
- Format-based: Virtual debit cards are digital-only versions for secure online transactions.