That’s good news for credit card users. New services are available. No matter which bank card is used, payments can now be made more easily. Now let us find out the details.
Do you use a credit card?
But that’s good news for you. New services are available. Leading fintech company Cred has recently brought new services. These new services are available to Rupay credit card users. The credit company has made Rupay credit card UPI services available on its platform. Those using Cred app can avail these services. National Payments Corporation of India (NPCI) has brought these services in partnership. Now UPI payments can be availed through Credit App regardless of which bank’s RuPay credit card you are using. Payments can be made easily. HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, BOB Financial Solutions, Canara Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank,
With the introduction of credit card on UPI services, credit members can now easily make UPI payments through Rupay credit cards. Payments can be made to merchants by scanning the QR code. These services can be availed by linking the credit card through Unified Payments Interface (UPI). It can be said that both banks and consumers will get relief through these new services. Users can easily make payments through credit card. At the same time, credit utilization for banks will increase further. This will benefit both parties.
On the other hand, State Bank of India (SBI), the largest bank in the country, has not yet made UPI RuPay credit card services available. Soon this bank is also likely to make these new services available. It can be said that many people will benefit if these services are made available. Not only that, many banks are yet to make these services available. It seems that credit payments are increasing as many banks have already made credit card UPI services available. Being able to make payments even for small items and getting interest free loan for up to 50 days is a good opportunity for customers.