On Tuesday, the prominent fintech firm CRED joined forces with the National Payments Corporation of India (NPCI) to introduce RuPay credit card-based Unified Payments Interface (UPI) payments for its members.
CRED Enables RuPay Credit Cards on UPI for Seamless Digital Payments
CRED now extends its support to RuPay credit cards issued by various banks, including HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, BOB Financial Solutions, Canara Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, and Union Bank.
With the introduction of credit-on-UPI, CRED’s members gain the ability to use their RuPay credit cards for conducting payments through UPI. As a result, users can conveniently make payments to businesses or merchants by scanning any UPI QR code, utilizing their RuPay…