PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer
1 week, 4 days ago

PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer

Live Mint  

The Reserve Bank of India recently allowed the users of prepaid payment instruments to access UPI services via third party applications. This will enable the PPI holders to make UPI payments like bank account holders,” reads the RBI statement dated April 5, 2024. So, the latest move on Dec 27 was a follow-up action where the RBI instructed all prepaid payment instrument issuers to enable UPI payments from / to full-KYC PPIs through third-party UPI applications. UPI is essential payment mode for every day usage of more than 500 million Indians, and this move will make PPI instruments a lot more user friendly," says Riya Bhattacharya, Founder, Rio Money

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History of this topic

How tourists and NRIs can use UPI without an Indian bank account to make payments
6 hours, 3 minutes ago

How tourists and NRIs can use UPI without an Indian bank account to make payments

Live Mint  

Imagine landing in India, ready to admire the Taj Mahal, shop in the local markets of Mumbai, take in the stunning views of Manali’s snow-capped mountains or enjoy a peaceful houseboat cruise in the backwaters of Kerala – all without fumbling for cash or worrying if your forex cards will be accepted for payments. Thanks to UPI One World, foreign …

Mint Explainer: How UPI access will make digital wallet users' life easier
6 days, 11 hours ago

Mint Explainer: How UPI access will make digital wallet users' life easier

Live Mint  

So far, UPI payments from and to a PPI could only be made through the PPI issuer's app. A PPI issuer may “facilitate the discovery of its full-KYC PPIs on third-party UPI mobile applications, which, in turn, shall enable such PPIs to be linked to their PSP handle/s", the central bank notified, adding that such transactions from PPIs, using third-party …

Good news for UPI users! NPCI extends deadline for transaction limits, relief for PhonePe and Google Pay users
1 week ago

Good news for UPI users! NPCI extends deadline for transaction limits, relief for PhonePe and Google Pay users

India TV News  

The National Payment Corporation of India has decided to postpone its plan to implement a 30 percent cap on any individual app's share of transactions within the Unified Payments Interface. This recent development comes as a significant relief for PhonePe, backed by Walmart, and Google Pay, which together account for 85 percent of UPI transactions. NPCI, which is supported by …

Digital wallet payments can now be made using any UPI app
1 week, 2 days ago

Digital wallet payments can now be made using any UPI app

Hindustan Times  

The Reserve Bank of India has now allowed users to pay from their digital wallets using any UPI-enabled app, as long as the wallet has also completed full KYC verification. “A PPI issuer shall enable holders of only its full-KYC PPIs to make UPI payments by linking its customer PPIs to its UPI handle.UPI transactions from PPI on the issuer’s …

RBI introduces new regulations for UPI apps starting January 1, Google Pay and PhonePe rejoice
1 week, 2 days ago

RBI introduces new regulations for UPI apps starting January 1, Google Pay and PhonePe rejoice

India TV News  

Starting January 1, 2025, significant changes are coming for those making UPI payments. A deadline was set for December 31, 2024, and if this deadline isn't extended, starting January 1, users will be able to make payments of up to Rs 10,000 per day through UPI123Pay, up from the previous limit of Rs 5,000. However, the transaction limit for smartphone …

RBI permits UPI transactions via prepaid payment instruments using third-party apps
1 week, 5 days ago

RBI permits UPI transactions via prepaid payment instruments using third-party apps

Deccan Chronicle  

Mumbai: The Reserve Bank on Friday allowed prepaid payment instrument holders to make and receive UPI payments through third-party mobile applications. It has been decided to enable Unified Payments Interface payments from/to full-KYC prepaid payment instruments through third-party UPI applications, the central bank said in a circular. "A PPI issuer shall enable holders of only its full-KYC PPIs to make …

NPCI's International Arm Plans To Expand UPI To 4-6 New Countries In 2025
3 weeks ago

NPCI's International Arm Plans To Expand UPI To 4-6 New Countries In 2025

ABP News  

NPCI International Payments, the entity tasked with expanding NPCI’s homegrown payment products globally, is working to extend the reach of the Unified Payments Interface to four to six additional countries in 2025, up from the current seven, according to Ritesh Shukla, CEO of NIPL. NIPL, a wholly-owned subsidiary of the National Payments Corporation of India, aims to launch UPI in …

RBI to allow small finance banks to extend pre-sanctioned credit lines through UPI, check details
1 month ago

RBI to allow small finance banks to extend pre-sanctioned credit lines through UPI, check details

India TV News  

In a latest development, the Reserve Bank of India on Friday proposed to allow small finance banks to extend pre-sanctioned credit lines through Unified Payments Interface. Credit line on UPI has the potential to make available low-ticket, low-tenor products to "new-to-credit" customers, RBI Governor Shaktikanta Das said. The scope of UPI was in September 2023 expanded by enabling pre-sanctioned credit …

What are UPI credit cards? How are they changing the way we make payments? An explainer
1 month, 2 weeks ago

What are UPI credit cards? How are they changing the way we make payments? An explainer

Live Mint  

If you are quite accustomed to making all your sundry payments via Unified Payments Interface app and are unsure of changing this habit of yours to embrace credit card in the foreseeable future, then you may explore the idea of using UPI credit cards. However, with linking of credit cards to UPI, card users can literally have got the best …

Google Pay adding UPI Circle to help add secondary user in payment app
4 months, 1 week ago

Google Pay adding UPI Circle to help add secondary user in payment app

The Hindu  

Google Pay, during the Global Fintech Fest 2024, shared that it is adding UPI Circle feature in the Pay app to enable your family or close and trusted friends to make UPI payments without adding their own bank accounts. As an existing UPI user on Google Pay, you can add your family members or friends as secondary users to your …

Swiggy integrates UPI for 5-second in-app payments: How does it work?
4 months, 3 weeks ago

Swiggy integrates UPI for 5-second in-app payments: How does it work?

India TV News  

Swiggy, a popular online food delivery platform has recently announced the launch of 'Swiggy UPI', a new integration of National Payments Corporation of India’s digital payments solution. Users could complete UPI transactions without leaving the Swiggy app, which will reduce the payment process from five steps to just one, the food aggregator stated in a statement. Anurag Panganamamula, Head of …

RBI’s digital rupee must leap over many hurdles for wider adoption
6 months, 3 weeks ago

RBI’s digital rupee must leap over many hurdles for wider adoption

Live Mint  

The Reserve Bank of India has been striving to boost the adoption of its Retail-Central Bank Digital Currency or e-rupee. RBI is also aiming to onboard more non-bank payment service operators and make the e-rupee inter-operable with India’s Unified Payments Interface. Despite having clearly defined use-cases for their country-specific CBDCs, these pilot projects suffered from weak internet connectivity and poor …

UPI can be now used to deposit cash at ATMs: Here's how it will work
9 months ago

UPI can be now used to deposit cash at ATMs: Here's how it will work

Hindustan Times  

Your Unified Payments Interface has just been upgraded. In an important announcement today, the Reserve Bank of India said that users can now deposit cash via UPI facility at bank ATMs- a big shot in the arm for users in terms of saving time and effort. RBI says you can soon use UPI facility to deposit cash in bank ATMs. …

UPI will continue to operate as normal, working with other banks for continuity of service: Paytm
11 months ago

UPI will continue to operate as normal, working with other banks for continuity of service: Paytm

India TV News  

UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday. While PPBL, the entity overseeing Paytm's UPI services, faces constraints on accepting money from customers after February 29, the company is working to connect with other …

From Kirana Stores To Chai Shops, Paytm Credit Card On UPI Is A Gamechanger For Payments
11 months, 3 weeks ago

From Kirana Stores To Chai Shops, Paytm Credit Card On UPI Is A Gamechanger For Payments

ABP News  

The convenience of digital transactions have become a fundamental aspect of our daily lives in today’s fast paced world. One such transformative force in the digital payment landscape is the integration of UPI payments through credit cards on the Paytm app. With just a smartphone, users can easily make UPI payments via credit cards on the Paytm app, powered by …

India’s Growth Story is Linked to Progress Made on Digitisation and Its Access
1 year ago

India’s Growth Story is Linked to Progress Made on Digitisation and Its Access

The Quint  

The committee on Deepening Digital Payments constituted by the RBI in 2019 under the chairmanship of Nandan Nilekani had recommended that market forces should drive transaction prices for the inclusion of small startups and incentivising innovation. It underlined that while banks have a role in contributing to the payment system, the government and the RBI should also share the cost …

RBI raises UPI transaction limits, e-mandate bar; check all announcements
1 year, 1 month ago

RBI raises UPI transaction limits, e-mandate bar; check all announcements

Hindustan Times  

Reserve Bank of India Governor Shaktikanata Das on Friday announced several decisions on the Unified Payments Interface, including raising the Unified Payments Interface payment limit to hospitals and educational institutions to ₹5 lakh from ₹1 lakh. The UPI, India's mobile-based fast payment system, enables users to make instantaneous, round-the-clock payments via Virtual Payment Address UPI limits increased: While unveiling the …

UPI now, pay later: 2 banks have rolled out this facility
1 year, 3 months ago

UPI now, pay later: 2 banks have rolled out this facility

Live Mint  

Soon after the Reserve Bank of India expanded the scope of Unified Payments Interface by enabling transfer from credit lines, a few banks have rolled out this facility for ardent UPI users. HDFC Bank offers PayLater facility wherein a new account gets created when you activate PayLater on your UPI app. ICICI Bank also offers PayLater to offer instant digital …

India in talks with countries in LatAm, Africa for UPI, RuPay
1 year, 4 months ago

India in talks with countries in LatAm, Africa for UPI, RuPay

Live Mint  

New Delhi: India is in talks with several South American and African nations for introducing Unified Payment Interface and RuPay cards, in its efforts to establish the payment platforms internationally, a senior government official said. “The discussions are primarily on with high commissions embassies, and are at various stages of negotiations, as India looks to internationalise these platforms,” the official …

Digital Rupee CBDC RBI Governor Shaktikanta Das Can Prove To Be Game Changer For Cross-Border Payments:
1 year, 4 months ago

Digital Rupee CBDC RBI Governor Shaktikanta Das Can Prove To Be Game Changer For Cross-Border Payments:

ABP News  

In a recent keynote address at the G20 TechSprint Finale, Reserve Bank of India Governor Shaktikanta Das drew attention to the challenges surrounding cross-border payments, emphasising the issues of high costs and slow transaction speeds. Das indicated that the central bank digital currency — dubbed Digital Rupee — instant-settlement feature could offer a viable solution to these challenges. Despite advancements …

‘France to soon start using India’s UPI payment mechanism ’: PM Modi
1 year, 5 months ago

‘France to soon start using India’s UPI payment mechanism ’: PM Modi

Live Mint  

India and France have agreed to use Unified Payments Interface payment mechanism which will begin from the iconic Eiffel Tower, Prime Minister Narendra Modi announced on Thursday. Addressing the Indian community at La Seine Musicale in Paris, PM Modi said, “Be it India's UPI or other digital platforms, they have brought a huge social transformation in the country and I …

Google Pay launches UPI LITE to push small value transactions faster
1 year, 5 months ago

Google Pay launches UPI LITE to push small value transactions faster

The Hindu  

Google Pay has officially rolled out its UPI LITE Payment feature today, allowing users to make small payments without entering the pin. UPI LITE can help users make payments fast even in peak hours at a higher success rate compared to usual payment method. How to activate UPI LITE on your app: Go to your profile on the Google Pay …

RBI approves expanding UPI transactions to allow credit payments
1 year, 9 months ago

RBI approves expanding UPI transactions to allow credit payments

Live Mint  

Individuals with pre-approved credit lines from banks will soon be able to use it to make payments over the Unified Payments Interface, the Reserve Bank of India said on Thursday, setting the stage for new credit products over the homegrown payments platform. Last June, the RBI also approved the use of Rupay credit cards on UPI, stoking hopes that it …

How can you make payments using a credit card via UPI: Step-by-step guide
1 year, 9 months ago

How can you make payments using a credit card via UPI: Step-by-step guide

India TV News  

The National Payments Corporation of India has collaborated with payment aggregators such as Google Pay, Paytm, and Razorpay to allow credit card transactions over the Unified Payments Interface. This comes after the Reserve Bank of India linked RuPay credit cards to UPI in an effort to combine the benefits of both, providing customers with the quick payment experience of UPI …

What's Changing With UPI Merchant Transactions from April 1? EXPLAINED
1 year, 9 months ago

What's Changing With UPI Merchant Transactions from April 1? EXPLAINED

News 18  

National Payments Corporation of India on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. NPCI has permitted the PPI wallets to be part of interoperable UPI ecosystem and levied 1.1 per cent charge on unified payment interface transactions above Rs 2,000 while using PPI. “The interchange charges introduced are …

UPI Is Free And Safe! Customers Pay Nothing, Only PPI Merchant Transactions Pay Interchange Fee: NPCI
1 year, 9 months ago

UPI Is Free And Safe! Customers Pay Nothing, Only PPI Merchant Transactions Pay Interchange Fee: NPCI

News 18  

The National Payments Corporation of India on Wednesday said that UPI has emerged as the preferred mode of digital payment by offering free, fast, secure and seamless experience. Traditionally, the most preferred method of UPI transactions is linking the bank account in any UPI enabled app for making payments which contributes over 99.9% of total UPI transactions, it added. The …

PPI Wallet transactions of over ₹2,000 on UPI to attract 1.1% charge from April 1, 2023
1 year, 9 months ago

PPI Wallet transactions of over ₹2,000 on UPI to attract 1.1% charge from April 1, 2023

The Hindu  

Starting April 1, merchant transactions exceeding ₹2,000 in value done using Prepaid Payment Instruments on UPI will attract an interchange charge of 1.1%. However, “the new interchange charges are only applicable for the PPI merchant transactions and there is no charge to customers,” the National Payments Corporation of India, which governs UPI,, said in a statement on Wednesday. Rajsri Rengan, …

UPI merchant transactions above Rs 2,000 via PPIs to attract 1.1% interchange fee: NPCI issues new rules
1 year, 9 months ago

UPI merchant transactions above Rs 2,000 via PPIs to attract 1.1% interchange fee: NPCI issues new rules

India TV News  

UPI transaction charges: The National Payments Corporation of India has suggested the implementation of an interchange fee for Prepaid Payment Instruments on Unified Payments Interface transactions exceeding Rs 2,000. The proposal recommends an interchange fee of up to 1.1 percent with the objective of boosting revenue for banks and payment service providers who have faced significant costs in facilitating UPI …

From Your Sabziwala to Countries Like Singapore, How UPI Has Changed the Way You Pay - News18
1 year, 9 months ago

From Your Sabziwala to Countries Like Singapore, How UPI Has Changed the Way You Pay - News18

News 18  

Keeping up with the digital era, the Centre presented an idea that significantly reduced the worry of not having enough cash or an ATM nearby. India’s UPI journey began almost seven years ago and since then, the report card has showed only promising outcomes, including its role in boosting the fin-tech ecosystem. In December, Bharat Interface for Money was launched …

Paytm Payments Bank Enables UPI LITE For Faster Small-Value Transactions
1 year, 9 months ago

Paytm Payments Bank Enables UPI LITE For Faster Small-Value Transactions

ABP News  

Paytm Payments Bank Limited, a part of mobile payment company Paytm has enabled the UPI LITE feature for its users for faster UPI payments for multiple small-value UPI transactions. Paytm in a blog post on Thursday said, "Our associate Paytm Payments Bank Limited, has gone live with UPI LITE, empowering its users with lightning-fast UPI payments that never fail. With …

Inbound Travellers From G20 Countries Can Avail UPI Facility At Three Airports, Says RBI
1 year, 10 months ago

Inbound Travellers From G20 Countries Can Avail UPI Facility At Three Airports, Says RBI

ABP News  

The Reserve Bank of India on Tuesday said inbound travellers from G20 countries arriving at Mumbai, Delhi, and Bengaluru international airports would be able to use Unified Payments Interface for merchant transactions. According to the statement issued by the central bank, eligible travellers would be issued Prepaid Payment Instruments wallets linked to UPI for making payments at merchant outlets. To …

RBI allows UPI-based transactions for inbound travellers to India
1 year, 10 months ago

RBI allows UPI-based transactions for inbound travellers to India

The Hindu  

A facility to enable all in-bound travellers visiting India to make local payments using Unified Payments Interface while they are in India has been made available from Tuesday, the Reserve Bank of India said. “Eligible travellers would be issued Prepaid Payment Instruments wallets linked to UPI for making payments at merchant outlets. To begin with, ICICI Bank, IDFC First Bank …

India's UPI and Singapore's PayNow are now linked: How will this benefit users?
1 year, 10 months ago

India's UPI and Singapore's PayNow are now linked: How will this benefit users?

Firstpost  

India has experienced a technological revolution in recent years. With the Unified Payments Interface being connected to PayNow on Tuesday, Indians can now send money to their friends, coworkers, and relatives in Singapore via digital payment systems like Google Pay and PayTM. 🎥A short film screened on UPI of India and PayNow of Singapore It elucidates how the linkage of …

India, Singapore launch linkage of real-time payment systems
1 year, 10 months ago

India, Singapore launch linkage of real-time payment systems

The Hindu  

India’s Unified Payments Interface — better known as UPI — and Singapore’s PayNow were officially connected on Tuesday, allow for a “real-time payment linkage”. Congratulations to the Monetary Authority of Singapore, the Reserve Bank of India and all the stakeholders in Singapore and India who have helped make the linkage a reality,” Lee Hsien Loong said at the event. Demonstrating …

How UPI's Money Mantra Is Reverberating Louder across The World
1 year, 10 months ago

How UPI's Money Mantra Is Reverberating Louder across The World

News 18  

Prime Minister Narendra Modi and his Singapore counterpart, Lee Hsien Loong, will witness the launch of cross-border connectivity between the Unified Payments Interface of India and PayNow of Singapore on Tuesday. Countries that have adopted it: Bhutan NPCI International Payments Ltd, the international arm of National Payment Corporation of India, and Royal Monetary Authority of Bhutan partnered for enabling and …

Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI
1 year, 10 months ago

Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI

India TV News  

The Reserve Bank of India on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India. Eligible travellers would be issued Prepaid Payment Instruments wallets linked to UPI for making payments at merchant outlets. To begin with, ICICI Bank, IDFC First Bank and two non-bank PPI issuers, Pine …

Paytm's UPI Lite will now let users make payments without using PIN
1 year, 10 months ago

Paytm's UPI Lite will now let users make payments without using PIN

India Today  

Paytm, the popular payments app, has introduced a new feature called UPI Lite that makes it easier for users to make small value transactions without needing to enter a PIN every time. Talking about the new feature, Praveena Rai, COO, NPCI, said, “We are very excited to launch UPI LITE on Paytm Payments Bank. With UPI Lite, users can carry …

Paytm launches G20-theme QR Code to celebrate India’s presidency: Know-more
1 year, 10 months ago

Paytm launches G20-theme QR Code to celebrate India’s presidency: Know-more

India TV News  

One97 Communications Limited, the owns of Paytm, the online payments and financial services company and the pioneer of QR and mobile payments, has launched a special G20-theme QR Code to celebrate India’s presidency of the intergovernmental forum and the country’s leadership in mobile payments. This QR code was launched by Mr. Ashwini Vaishnaw, Hon’ble Minister for Railways, Communications and Electronics …

PhonePe becomes first Indian fintech platform to enable cross-border UPI payments
1 year, 11 months ago

PhonePe becomes first Indian fintech platform to enable cross-border UPI payments

Deccan Chronicle  

BENGALURU: India’s largest payment company PhonePe, on Wednesday announced that it has launched support for ‘UPI international’ payments, becoming the first Indian fintech platform to enable cross-border UPI payments. Over the course of this year, NPCI in collaboration with NIPL plans to roll out UPI International to more countries, while also enabling greater merchant acceptance in the regions where this …

Travellers from G20 can use UPI for payments at select airports: RBI Governor
1 year, 11 months ago

Travellers from G20 can use UPI for payments at select airports: RBI Governor

Hindustan Times  

The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood. It is now proposed to permit all …

Indian travelers can soon make UPI payments using PhonePe in UAE, Singapore and other countries
1 year, 11 months ago

Indian travelers can soon make UPI payments using PhonePe in UAE, Singapore and other countries

India Today  

PhonePe has become the first fintech app to facilitate UPI payments in countries. The new update on the PhonePe will let users instantly pay foreign merchants using UPI.PhonePe has extended its UPI support in countries including UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR code. Speaking on the development, Rahul Chari, CTO and Co-Founder of PhonePe said, …

Explained | India’s UPI push
1 year, 11 months ago

Explained | India’s UPI push

The Hindu  

The story so far: On January 10, the National Payments Corporation of India paved the way for international numbers to be able to transact using UPI. Addressing theinfrastructural and technological changes required to support such payments, he said, “Currently, all the internal systems as well as ecosystem players such as banks, NPCI, etc only understand India-based mobile numbers for UPI …

Explained: How Reserve Bank's e-rupee is different from UPI?
2 years ago

Explained: How Reserve Bank's e-rupee is different from UPI?

Hindustan Times  

The Reserve Bank of India has recently scaled the pilot of Central Bank Digital Currency or e-rupee for the retail sector. The CBDC or e-rupee is a legal tender money backed by the RBI similar to cash, but for UPI payments, it has to be linked with bank accounts. E-rupee is a legal tender money As the name suggests, the …

What Is UPI's Single-Block-And-Multiple-Debits Facility? Uses, Benefits; Full Details Here
2 years, 1 month ago

What Is UPI's Single-Block-And-Multiple-Debits Facility? Uses, Benefits; Full Details Here

News 18  

PhonePe, GPay, Paytm UPI: The RBI has said popular retail payments system UPI will soon have a new functionality — single-block-and-multiple-debits. The single-block-and-multiple-debits functionality of the UPI can be used for purposes including the following: 1) E-commerce transactions 2) Hotel bookings 3) Purchase of securities in the secondary capital market 4) Purchase of government securities using the RBI’s Retail Direct …

RBI Monetary Policy: Governor Das Explains Difference Between Digital Rupee And UPI
2 years, 1 month ago

RBI Monetary Policy: Governor Das Explains Difference Between Digital Rupee And UPI

ABP News  

The Reserve Bank of India on Wednesday clarified the key differences between the Central Bank Digital Currency and Unified Payments Interface. Speaking with the media after the monetary policy announcement, Das said, "Any UPI transaction involves the intermediation of the bank. Further elaborating on CBDC, RBI Deputy governor T Rabi Sankar said that similar to cash, CBDC can enable the …

RBI Mulls Addressing Monopoly of PhonePe, Google Pay in UPI Space; Deputy Guv Explains
2 years, 4 months ago

RBI Mulls Addressing Monopoly of PhonePe, Google Pay in UPI Space; Deputy Guv Explains

News 18  

Reserve Bank of India deputy governor T Rabi Sankar on Wednesday said that the central bank was going to find a solution to the problem of payments done on the United Payments Interface getting concentrated on two big players — Google Pay and PhonePe. We are also looking at Europe to see how we can address this issue,” said T …

UPI: the dawn of digital fintech nirvana
2 years, 6 months ago

UPI: the dawn of digital fintech nirvana

The Hindu  

If you own a smartphone, you have most probably done UPI-based payments using BHIM or some other mobile application. Secondly, a Payment Service Provider takes care of the to-and-fro transactions to this VPA and finally, the UPI software orchestrates the fund movement from a customer’s VPA to a target VPA and completes the transaction. A ubiquitous payment system The popularity …

Rise in Spending Through Credit Cards, Debit Cards, UPI Indicates Pick-Up In Consumption: FinMin
2 years, 6 months ago

Rise in Spending Through Credit Cards, Debit Cards, UPI Indicates Pick-Up In Consumption: FinMin

News 18  

Spending through credit cards and debit cards in April jumps 77.8 per cent and 12.5 per cent to Rs 1.05 lakh crore and 3.49 lakh crore, respectively. “Value of UPI transactions processed through the National Payment Corporation of India stood at Rs 10.4 lakh crore during May 2022, the highest since UPI was launched in 2016, registering month-on-month growth of …

How Will UPI-Credit Card Linking be Different from Credit Card Payment on Paytm, MobiKwik?
2 years, 6 months ago

How Will UPI-Credit Card Linking be Different from Credit Card Payment on Paytm, MobiKwik?

News 18  

Though the Reserve Bank of India has allowed the linking of credit cards to the UPI platform, there are various fintech platforms, like Paytm and Mobikwik, that already provide payment facilities through these cards. Here’s what experts say about the linking: Platforms That Allow Adding Money Through Credit Cards Fintech platforms Paytm and Mobikwik allow their users to add money …

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