The UPI surge in India has remarkably transformed the landscape of debit card usage. Carrying a physical debit card is no longer a necessity when UPI is securely nestled within your mobile device.
Yet, the question arises regarding the fate of credit cards. Is it still imperative to have one on hand? If your thoughts are swirling with such inquiries, delve into this guide detailing how to execute UPI transactions using your credit card.
Utilizing a physical credit card presents various challenges. The risk of loss or potential misuse looms large. How, then, can one employ a credit card in India? The solution lies in a simple act: linking your RuPay credit card with your UPI.
Technology ceaselessly evolves, swiftly addressing everyday challenges in the digital financial realm. UPI applications are incorporating diverse payment methods, enabling the utilization of credit cards for transactions. Prominent apps like Gpay and PayTM offer the functionality to leverage credit cards for payments, ensuring a secure digital experience.
This entails the ability to make both online and offline payments with your credit card sans physical swiping. Your details remain safeguarded, and the physical credit card retains its shield, allowing you to capitalize on credit card perks like discounts and EMIs.
A crucial note: presently, this feature is exclusive to RuPay Credit Cards in India. Linking VISA or MasterCard Credit Cards with UPI is currently unavailable.
If the conviction to link your UPI ID with your credit card has taken root, follow these steps to seamlessly integrate the two for convenient payments.
Step 1: Download and Register with a UPI Application
If you lack a UPI account, peruse the App Store or Play Store for various UPI applications. Pro Tip: Opt for GPay for its impeccably designed UPI interface and user-friendly experience, reducing the risk of errors during payments.
Once your preferred UPI application is selected, link your bank accounts to your registered phone number, complete authentication and verification, and you’re ready to roll.
Step 2: Link your Credit Card
Navigate to your profile or settings, locate “Set up payment methods” or “Add a payment method,” input your credit card details, and authenticate ownership by submitting the OTP sent to your number.
Et Voila! Successfully linking your credit card with your UPI ID is achieved through authentication.
The procedure for making payments through UPI with your credit card mirrors that of other payment methods. However, peruse the following guide for additional insights:
Step 1: Scan a QR Code or input the recipient’s UPI details.
Step 2: Tap ‘Pay’ and input the amount.
Step 3: Opt to pay with your credit card among the payment choices.
Step 4: Submit your passcode.
Linking your UPI ID with your credit card streamlines life, providing a convenient payment method, at least until technology further simplifies it.
Billions of transactions unfold monthly on UPI, transforming the payment landscape in India. The struggle for change and the hassle of fumbling with loose notes are relics of the past. A credit card and a UPI app on your smartphone are all you need today.
If uncertainty lingers regarding linking your credit card to your UPI, consider these compelling benefits:
Considering whether your bank’s credit card can integrate with your UPI ID? Currently, UPI integration exclusively supports RuPay credit cards. Notably, VISA or MasterCard credit cards cannot be linked.
RuPay credit cards are offered by the following banks:
Rest assured, more banks are actively working to offer UPI integration with credit cards.
Additionally, several UPI applications support this integration:
Selecting UPI applications with positive reviews is advised to avoid financial losses or data compromises.
