Business

SBI Card Enables UPI Transactions Through Rupay Credit Card

The linking of SBI credit cards on the RuPay platform with UPI was announced on Thursday by SBI Card and National Payments Corporation of India. Customers of SBI Cards will now be allowed to use credit cards issued by RuPay to make UPI transactions.

The service can be used by registering the credit card with outside UPI apps, according to a statement from SBI Card, a State Bank of India subsidiary. According to the company, this will further expand the options for clients using SBI Cards on the RuPay platform for UPI transactions, enabling an improved, practical, and seamless payment experience.

“Today, UPI has become a massive digital platform enabling millions of transactions every day. This should give our customers greater flexibility and mobility, along with hassle-free usage. With this, the industry is going to witness a significant increase in credit card usage,” it said.

It added that the service will be free for users and that cardholders could enroll their active primary cards on UPI and use their credit cards to make payments to merchants (P2M transactions).

Also Read: Kolkata Fifth Top City In Warehousing And Industrial Space Absorption In H1’2023

Shivanshi Srivastava

Recent Posts

Mallikarjun Kharge Slams ‘Batenge Toh Katenge’ Slogan During Jharkhand Campaign

Kharge emphasized that the BJP leaders promote divisive rhetoric as part of their agenda. He…

52 mins ago

Police Arrest Two In Fake Marriage Certificate Racket In Name Of Arya Samaj

DCP Nagar Abhishek Bharti revealed that five couples, including Shivani and Shrikant Yadav, recently filed…

1 hour ago

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

2 hours ago

Ola Electric’s Share Hits All-Time Low Of Rs 74 Ahead Of Q2 Results

Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…

3 hours ago

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

3 hours ago

Waqf Bill: Opposition MPs Meet LS Speaker, Lodge Protest Against JPC Chairman Jagdambika Pal

Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…

3 hours ago