Onsitego Blog
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Reviews
  • Buying Guide
  • Explainers
  • How-To
Onsitego Blog
  • Home
  • News
  • Reviews
  • Buying Guide
  • Explainers
  • How-To
No Result
View All Result
Onsitego Blog
No Result
View All Result
Home News

RBI Now Allows You To Link Credit Card With UPI

Anu JoybyAnu Joy
09/06/2022
in News
0
UPI
WhatsAppFacebookTwitter

Yesterday, the Reserve Bank of India (RBI) announced that credit cards can now be linked with the unified payments interface (UPI). This will encourage more users to make payments via UPI, with the added convenience of credit cards.

RBI Governor Shaktikanta Das said during the bi-monthly policy review that the program will start with Rupay credit cards that are issued by RBI’s National Payments Corporation of India (NPCI). Prior to this move, you could only link debit cards and bank accounts with UPI.

The Governor said, “In order to further deepen the reach and usage, it is proposed to allow linking of credit cards to UPI. To start with, Rupay credit cards will be enabled with this facility”. Das added, “This arrangement is expected to provide more avenues and convenience to the customers in making payments through UPI platform”.

Also Read
You Can Now Make Payments Via UPI, RuPay Cards In France: List Of Countries Where UPI Is Accepted

Subscribe to Onsitego

Get the latest technology news, reviews, and opinions on tech products right into your inbox


    Do note that this facility will only be available once the system development is concluded. This new system will make it even more convenient for users to make transactions via UPI. The adoption of UPI has become widespread over the years with 26 crore unique users and 5 crore merchants using the facility.

    Das noted that in the month of May itself, 594.63 crore transactions worth Rs 10.40 lakh crore in total were facilitated via UPI. The payment system offers convenience and flexibility by allowing a variety of prepaid payment instruments (PPIs) for transactions.

    -

    Thank You For Your Vote!

    Sorry You have Already Voted!

    Follow Onsitego on Facebook, Instagram, Twitter, and YouTube to get the latest news, reviews, maintenance tips, and videos about your favourite gadgets and appliances.

    Tags: credit cardUPI
    SendShareTweet

    Discussion about this post

    Recommended

    Tecno Phantom X2 With Dimensity 9000 Processor, Phantom X2 Pro With Retractable Portrait Lens Launched: Price, Specs

    Tecno Phantom X2 With Dimensity 9000 Processor, Phantom X2 Pro With Retractable Portrait Lens Launched: Price, Specs

    16/12/2022
    Samsung Galaxy M04 With MediaTek Helio P35 Processor, 5,000mAh Battery Launched In India: Price, Specs

    Samsung Galaxy M04 With MediaTek Helio P35 Processor, 5,000mAh Battery Launched In India: Price, Specs

    16/12/2022
    Apple watchOS 9.2 Beta 2 Rolls Out To Developers

    Apple watchOS 9.2 Update Released, Brings Improved Battery Life On Apple Watch Ultra

    15/12/2022
    OPPO Reno 8 Pro 'House Of The Dragon' Limited Edition Launched In India: Price, Specifications

    OPPO Reno 8 Pro House Of The Dragon Limited Edition Smartphone Launched In India: Price, Specifications

    14/12/2022
    iQOO Neo 7 SE With 6.78-inch FHD+ 120Hz AMOLED Display, Dimensity 8200 Processor, 5,000mAh Battery Launched: Price, Specs

    iQOO Neo 7 SE With 6.78-inch 120Hz AMOLED Display, Dimensity 8200 Processor Launched: Price, Specifications

    14/12/2022
    Realme 10 Pro, Realme 10 Pro+ With 120Hz Display, 108MP Camera, 5,000mAh Battery Launched In India: Price, Specs

    Realme 10 Pro, Realme 10 Pro+ With 120Hz Display, 108MP Camera, 5,000mAh Battery Launched In India: Price, Specs

    14/12/2022

    About Onsitego

    • About Onsitego
    • What We Do
    • The Team
    • Write For Us
    • Talk To An Expert
    • Become An Affiliate Partner
    • Subscribe To RSS Feeds

    Water Purifier Services

    UV & RO Service in Mumbai
    UV & RO Service in Delhi NCR
    UV & RO Service in Bangalore
    UV & RO Service in Pune
    UV & RO Service in Hyderabad
    UV & RO Service in Chennai

    You Might be interested in

    • Air Conditioner Protection Plans
    • Refrigerator Protection Plans
    • Washing Machine Protection Plans
    • Television Protection Plans
    • Digital Camera Protection Plans
    • Laptop Protection Plans
    • Tablet Protection Plans
    • Mobile Protection Plans

    Our Servicers

    AC Repair & Service in Mumbai
    AC Repair & Service in Delhi NCR
    AC Repair & Service in Bangalore
    AC Repair & Service in Pune
    AC Repair & Service in Hyderabad
    AC Repair & Service in Chennai

    Laptop Repair Service in Mumbai
    Laptop Repair Service in Bangalore
    Laptop Repair Service in Delhi NCR

    • About
    • Contact

    © 2022 Onsitego Blog | Electronic news, views and reviews of the best selling gadgets and home appliances..

    No Result
    View All Result
    • Home
    • News
    • Reviews
    • Buying Guide
    • Explainers
    • How-To

    © 2022 Onsitego Blog | Electronic news, views and reviews of the best selling gadgets and home appliances..

    Get Onsitego's mobile app!

    Download