What is RuPay Credit Card: Definition, Uses, Benefits, Linking, & Payments on UPI

Apply Now

07 NOVEMBER, 2023

Launched in 2016, Unified Payments Interface or UPI, has become one of the most preferred and popular modes of digital payments. According to Shaktikanta Das, the RBI Governor, UPI payments have significantly grown in the last few months, especially during FY 2022-23. That said, RuPay credit card UPI transactions are the latest shiny instruments in the digital payments landscape. This payment model benefits both customers and merchants significantly, leading to its growing popularity and acceptance. The following sections will explain how to use RuPay credit card for UPI and how it benefits people.

Understanding UPI and RuPay Credit Cards

UPI is a digital payment system that brings multiple bank accounts into one mobile app, making payments and financial management easier for consumers. Accounting for more than 73% of non-cash retail payments in India in March 2023, UPI also streamlines the country's fintech transformation through expense tracking, investing, and budgeting. Now, the latest development is the RuPay UPI credit card. Earlier, you could only add your debit card or bank account to a UPI app, but now you can link your RuPay credit card as well for payments.

The RBI announced in June 2022 that people can now link their credit cards to their UPI apps. However, the facility was possible for select banks only that enabled the facility. In June 2023, Kotak Mahindra became the best RuPay credit card for UPI transactions through apps like Paytm, PhonePe, BHIM, MobiKwik, Google Pay, etc. It is the most beneficial facility for tier 2 and 3 cities where merchants do not have enough setup like POS machines to accept credit card payments. After activating their RuPay credit card UPI, making payments without physical setup has become incredibly easy.

Step-by-Step Guide to Enable RuPay Credit Card on UPI

Wondering how to add RuPay credit card to UPI? Here is a stepwise guide to enable RuPay credit card on UPI:

Download a payment provider’s UPI app from the App Store or Google Play Store.
Create or log in to your account.
Click on the ‘Bank Accounts’ section.
Select the ‘+’ option.
Select ' credit card ' from the options of adding your credit card or account.
Select your credit card issuing company.
Select the RuPay credit card you want to use and enter the required details.
Your card is successfully linked on UPI.

Making Payments Using RuPay Credit Cards via UPI

Once your RuPay Card is linked with UPI, you must wonder how to make a credit card payment online using a RuPay UPI credit card. Here is a step-by-step guide on how to initiate UPI payments with RuPay credit cards:

Scan the QR code where you want to make the payment.
Enter the amount to be paid.
Select your UPI RuPay credit card account.
Enter the UPI PIN and click ‘Pay’.
Your payment is complete with a confirmation message.

Benefits of Using RuPay Credit Cards for UPI Payments

The best RuPay credit card for UPI offers multiple benefits. Most importantly, it gives the ease and convenience of UPI transactions while letting you enjoy the benefits of your credit card. You don’t even need to carry your card everywhere. Your RuPay credit card UPI link will allow you to pay for daily spends and big purchases using credit from your credit card. Moreover, you can enjoy the benefits of rewards and cashbacks linked with the card. Here are a few benefits you must know:

Faster Transactions: If you link and learn how to use RuPay credit card for UPI, you don’t need to bring your credit card or wallet every time you go shopping. Simply scan the merchant’s QR code with your UPI-enabled app, enter your UPI PIN, and make a credit card payment online within a flash second. The absence of POS machines and card scans makes transactions much more convenient and faster.
No Hidden Charges: Banks do not levy any RuPay credit card UPI charges for making UPI payments. There is no joining or annual fee as well. So, you can transact online and enjoy the benefits without any extra costs.
Enhanced Safety: UPI PINs significantly enhance user security, preventing account hacking and risk of fraud.

Conclusion

Many people now use UPI RuPay credit card facilities to make their digital payments without any card or POS machines involved. Simply link your RuPay credit card to UPI without any RuPay credit card UPI charges and start making payments from your mobile phone. The enhanced convenience and security of RuPay UPI credit card facilities promise to reach a larger audience soon. Since Kotak Mahindra is one of the few credit card issuers offering the facility, get a Kotak credit card now to start enjoying the benefits instantly.

Read Also : क्रेडिट कार्ड की लिमिट

FAQs

Q1. What is UPI, and how does it work with RuPay credit cards?

When you link your RuPay credit card with a UPI app, you can make a credit card payment online without physically swiping the card at the merchant's store. Using this digital transaction system, you can enjoy the benefits of both credit card and UPI.

Q2. Can I use any UPI app with my RuPay credit card?

You can link your RuPay credit card with any UPI app supporting UPI transactions. However, check if your credit card issuer provides this facility.

Q3. Are there any charges for linking my RuPay credit card to a UPI app?

There are no RuPay credit card UPI charges for linking your RuPay credit card to a UPI app.

Q4. Can I make payments to merchants using UPI with my RuPay credit card?

Yes, you can pay using UPI with your RuPay credit card. However, you must link your card with UPI first to make it happen.

Q5. Are there any transaction limits for UPI payments with RuPay credit cards?

Your credit card limit will be your transaction limit for UPI payments with a UPI RuPay credit card.

Q6. How can I reset my UPI PIN for RuPay credit card transactions?

You can rest your UPI PIN by logging in to your UPI account, placing the request, and entering the OTP.

Q7. Can I use UPI to pay my RuPay credit card bills?

You can pay your RuPay credit card bills using UPI, provided your bank account is linked with UPI.

RuPay Credit Card UPI Guide: Definition, Uses, Benefits, Linking, and Payments