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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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RBI allows credit cards to be linked with UPI platform

New Delhi: With an aim to boost the UPI (United Payments Interface) platform and digital payments, the Reserve Bank of India (RBI) on Wednesday allowed the linking of credit cards to the…

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Published June 8, 2022 · 1 min read
rbi allows credit cards to be

New Delhi: With an aim to boost the UPI (United Payments Interface) platform and digital payments, the Reserve Bank of India (RBI) on Wednesday allowed the linking of credit cards to the UPI platform.

It will begin with the Rupay credit cards, as they will be linked to the UPI platform. “This will provide additional convenience to users and enhance the scope of digital payments,” RBI Governor Shaktikanta Das said.

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