Do you know How to Use Credit Card for Upi Payment?

 


Original Content- Business Upside India 

The Reserve Bank of India recommended permitting the connection of credit cards to the UPI platform in order to increase the utilisation of digital payments through UPI (Unified Payments Interface). According to specialists in the field, the RBI’s action will significantly expand the range of UPI payments. Here is a quick guide on how to use credit card for UPI payment for you.

Reason Behind Upi Payment Through Credit Card

An increasing number of people are using UPI to make payments. Its simplicity is a significant factor in its success; all you have to do to make a payment is scan the recipient’s QR code or enter their mobile number, which is connected to a default UPI address.

Initially, payments could be made using a bank account by connecting it to UPI. Later, UPI apps, however, began enabling users to add credit.

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