Knowing The Difference Between GPN And Mastercard, Which Features Are More Okay?

Illustration of differences between GPN and Mastecard (photo: dock. pixelabay)

YOGYAKARTA - GPN and Mastercard are two payment systems that are often used in Indonesia. Now people can make easier payments through these two payment systems. GPN and Mastercard have their own advantages and disadvantages.

However, there are still many who do not know the difference between GPN and Mastercard. GPN is a newer payment system than Mastercard. However, both of them competed closely as a choice of the transaction activation payment system in Indonesia.

GPN and Mastercard are now always on every online buying and selling platform. Users can choose a payment system to make transactions. Each of these payment systems has different features.

GPN or the National Payment Gate is a payment system made by Bank Indonesia. This payment system can be used on ATM cards with the GPN logo. Payments can also be made at any EDC machine.

While Mastercard is more famous as a payment system abroad. Mastercard users' reach is also wider. Mastercard is used by users for various transaction purposes. Mastercard was present before the GPN.

GPN has competed with Mastercard to place a payment system widely used by customers. Here are the differences between GPN and Mastercard.

GPN and Mastercard are issued by different companies. GPN is a production from Bank Indonesia. Meanwhile, Mastercard is a payment system originating from the United States issued by MasterCard Worldwide.

The reach of GPN and Mastercard users is different. The reach of GPN can only be used in Indonesian territory. This card can be used in all merchants who provide EDC machines. While Mastercard has a wider reach out of the country. Mastercard cards can be used to make transactions in other countries.

There is an additional burden that is charged every time using GPN and Mastercard. Both payment systems are different. GPN applies an additional cost that is cheaper than Mastercard.

The additional costs charged to GPN recipients amounted to 0.15 percent in various merchants. This card can make users more frugal. While the additional cost on Mastercard is greater. The costs charged amounted to more than 1 percent.

The use of GPN in Indonesia is quite crowded because it can be used in various EDC machines. This makes it very easy for users who want to transact. While Mastercard can only be used at merchants that provide Mastercard payment tools. There are not many machines that provide Mastercard itself in Indonesia.

Each payment card also guarantees protection to its customers. This service is provided to avoid misuse or losses experienced by users to card providers.

GPN and Mastercard provide security services with different systems. GPN security is provided in standardized security features. The GPN card is equipped with chip technology to store the owner's information.

The chip in the GPN will work after the user inserts a six-digit PIN code. If the entered PIN code is wrong then the user is not allowed to make a transaction.

Mastercard provides protection services to its customers through a secure code. Users must enter an additional 6 pins. The PIN card must be inputted properly when conducting online transactions.

That's the difference between GPN and Mastercard as a payment system in Indonesia. The two payment cards have their own features and advantages. Make sure you choose a payment system that suits your needs.

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