RuPay Credit Card on UPI: With RuPay Credit Card, you will be able to make UPI payments in exactly the same way as you do with a bank account. Just here the money will be deducted from your Rupay credit card.
The popularity of Unified Payments Interface ie UPI is increasing in the country. According to the latest RBI data, there has been a significant increase in the number of people adopting Unified Payments Interface (UPI) across the country. Now customers can make UPI payment through credit card also. Last year, the Reserve Bank of India (RBI) allowed users to link their RuPay credit cards with UPI apps.
Let us tell you that in the year 2022, the Rupay Credit Card on UPI facility was started. If you understand in simple language, only Rupay credit card users can avail the benefit of UPI payment through credit card.
That’s why RuPay Credit Card is also called UPI Credit Card. With RuPay Credit Card, you will be able to make UPI payments in exactly the same way as you do with a bank account. Just here the money will be deducted from your Rupay credit card.
Cannot make person to person payment,
now you will be able to pay with credit card by scanning at the neighborhood shop. However, through RuPay Credit Card, you can pay by simply scanning the merchant UPI QR code or make payments to online merchants. Can’t make some payments like P2P, filling credit card bills. Apart from BHIM app, Rupay credit of some banks has gone live on select UPI apps like PhonePe, Paytm, Google Pay, Slice, MobiKwik, PayZapp, Freecharge.
RuPay Credit Cards of 11 Banks on BHIM App so far
Let us tell you that NPCI Operators can link Rupay Credit Cards of 11 Banks on BHIM App so far.
1. Axis Bank
2. Bank of Baroda
3. Canara Bank
4. HDFC Bank
5. ICICI Bank
6. Indian Bank
7. Kotak Mahindra Bank
8. Punjab National Bank
9. SBI
10. Union Bank of India
11. Yes Bank
