The Unified Payments Interface (UPI) has transformed the way india transacts, making payments seamless and instant. Earlier, UPI payments were possible only through bank accounts or debit cards. But now, you can make UPI payments directly using RuPay credit cards, adding more convenience and flexibility to wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital transactions.
1. What’s New? UPI Now Works with Credit Cards
UPI payment via credit card is a game-changer. It allows you to pay merchants using your credit limit, eliminating the need for immediate deductions from your bank account. Currently, this service is available only for RuPay credit cards from select banks.
2. Where Can You Use It?
Merchant Payments – Online shopping, stores, fuel stations, restaurants.
QR Code Payments – Scan & pay at local shops with UPI-enabled QR codes.
Not for Peer-to-Peer Transfers – You can’t send money directly to another user’s bank account via credit card on UPI.
3. Step-by-Step Guide to Linking Credit Card with UPI
Open Your UPI App – google Pay, PhonePe, Paytm, or any UPI-enabled app.
Go to Payment Methods – Look for 'Add Payment Method' or 'Bank Account'.
Select Credit Card Option – Choose your bank and link your RuPay credit card.
Set UPI PIN – Create a unique PIN for secure transactions.
Start Paying – While making payments, select 'Credit Card' instead of 'Bank Account'.
4. Key Limitations to Keep in Mind
Payments via credit card on UPI are restricted to merchants only.
Peer-to-peer transfers or payments to non-merchant accounts are not allowed.
Only RuPay credit cards are supported (other networks like Visa or Mastercard are not yet compatible).
5. Benefits of Using Credit Cards on UPI
Increased Payment Flexibility – No need to rely solely on your bank balance.
Rewards & Cashback – Enjoy credit card rewards, points, and cashback offers.
Higher Spending Limit – Great for high-value purchases without affecting savings.
6. Future of UPI-Credit Card Integration
As wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital payment adoption grows, more banks and card networks may join the UPI ecosystem, expanding this facility to Visa and Mastercard credit cards soon.
Final Tip: Use Responsibly
While this is a convenient way to make payments, remember that using credit cards involves borrowing. Pay your credit card bill on time to avoid interest charges.
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