NPCI brings in feature to link RuPay cards to UPI

The National Payments Corporation of India (NPCI) has brought in a feature enabling the linkage of RuPay credit cards to the unified payments interface (UPI).

Who can use RuPay credit cards on UPI?

At present, the RuPay credit card on the UPI facility is available on the BHIM app only for certain bank customers. "Customers of Punjab National Bank, Union Bank of India, and Indian Bank will be the first to be able to use RuPay Credit Card on UPI with BHIM App," according to an NPCI circularme text

RuPay credit card linkage to UPI

The process of linking a RuPay credit card with UPI is quite similar to the way a user links a savings bank account or debit card to UPI.

Make payments to any other credit card-UPI handles too

RuPay credit card-UPI handle cannot be used to make payments to any other credit card-UPI handles too.

Transferring money to small merchants

Transferring money to small merchants under P2PM category (Small merchants with an expected inward UPI transaction less than or equal to Rs 50,000 per month are categorised as 'P2PM' by NPCI)

Credit: BCCL