Credit Card UPI: Now you can link your Rupay credit card UPI in India after RBI allows credit card UPI payment using a credit card. Credit card UPI payment is now available on phone pe and google pay, learn in this article – how to use credit cards for UPI payment.
UPI payment with a credit card, RBI announced UPI payment with a credit card to the merchant QR code.
Rupay Credit Card UPI
Under this new facility credit card UPI payment, you can now link your RuPay credit card through the PhonePe app. If you are a PhonePe user, then you must see a notification of ‘RuPay Credit Card is not available on UPI’ on the home page of PhonePe. You can now pay merchants with a RuPay credit card through UPI PIN without OTP & CVV.
How to use credit card for UPI payment?
Make UPI payments on PhonePe with a RuPay credit card using UPI PIN without your credit card CVV & OTP. Link your Rupay credit card to UPI on Phonepe for Upi credit card payment.
- Link your RuPay Credit Card to UPI on the PhonePe UPI app by setting a UPI PIN
- Pay at any online or offline merchant using the PhonePe app by entering PhonePe UPI Pin.
Credit card UPI payment
RBI allows credit card UPI payments for Rupay credit card holders through phone pe. The UPI (Unified Payment Interface) developed by NPCI is now becoming more advanced. In the coming time, UPI is being made more advanced, faster, and more useful. So far you could pay by linking your bank account to UPI but now you can also pay by credit card through UPI app PhonePe.
This move of RBI will further boost fintech innovation. Payments through UPI have grown rapidly. The RBI Governor gave this information during the press conference that 36 crore transactions were done through UPI in a day. Now by linking the credit card payment system to UPI, we will be able to achieve a new height of fintech innovation.
Banks that allow credit card UPI id
- Axis Bank Credit Card
- Canara Bank Credit Card
- HDFC Bank Credit Card
- Indian Bank Credit Card
- Punjab National Bank Credit Card
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- Union Bank Credit Card
How to link credit card to Upi?
Step: 01 Look at the PhonePe app homepage for this popup/notification and click on the ‘ADD NOW’ button.
Step: 02 Now select your RuPay credit card issuer bank linked with your mobile number.
Step: 03 Enter the last 6 digits of your credit card number and click on Set UPI PIN.
Step: 04 Now Enter an OTP received on your registered mobile number.
Step: 05 Enter the new 4-digit or 6-digit UPI PIN, and re-enter the same UPI number to confirm.
Now you have set up your RuPay credit card on the PhonePe UPI app.
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Credit card upi payment charges
According to PhonePe, you will not be charged for using your RuPay credit card for UPI payments. credit card upi charges are free for all RuPay credit card holders who are using through PhonePe app.
Phone Pe app Free: Download
How to add credit card for UPI payment?
To link your RuPay credit card on PhonePe follow these steps:
Step: 01 Open the phone pe app and tap on your profile picture
Step: 02 Now click on ‘View All Payment Methods’
Step: 03 Tap on Credit/Debit Card (0) + icon
Step: 04 Enter the card number, expiry date, and CVV number then click on ‘ADD’
Step: 05 Now Enter an OTP received on your registered mobile number.
Step: 06 Enter the new 4-digit or 6-digit UPI PIN, and re-enter the same UPI number to confirm.
Now you have successfully set up your RuPay credit card on the PhonePe UPI app.
How to add credit card in PhonePe UPI?
To link your RuPay credit card on PhonePe follow these steps:
Step: 01 Open the phone pe app and tap on your profile picture
Step: 02 Now click on ‘Link RuPay Credit Card on UPI’
Step: 03 Now select your RuPay credit card issuer bank linked with your mobile number.
Step: 04 Enter the last 6 digits of your credit card number and click on Set UPI PIN.
Step: 05 Now Enter an OTP received on your registered mobile number.
Step: 06 Enter the new 4-digit or 6-digit UPI PIN, and re-enter the same UPI number to confirm.
Now you have set up your RuPay credit card on the PhonePe UPI app.
FaQ’s Related to Credit Card UPI
1. how to use credit card for UPI payment?
Ans. You can use a credit card for Upi payment on Phonepe by linking your credit card to the phonepe upi app.
2. how to make UPI payments using credit card?
Ans. You can make UPI payments using a credit card on Phonepe like before paying through a bank account using a UPI pin.
3. how to transfer money from credit card to upi?
Ans. Open the app and scan the QR code or enter your UPI id and click on the payment button send and enter upi pin to pay merchants online or offline store across India.
4. can we use credit card for UPI payment?
Ans. Yes, you can use the credit card for upi payment.
5. can I make upi payment from credit card?
Ans. Yes, you can make UPI payments from a credit card.
6. who created UPI?
Ans. UPI stands for Unified Payment Interface created by NPCI (National Payment Corporation of India)
