RuPay credit cards on UPI- Check Features, Benefits and Who Can Use it?

The National Payments Corporation of India (NPCI) has added a feature that allows RuPay credit cards to be linked to the unified payments interface (UPI). To use credit cards in a store, POS terminals are no longer required. With the new RuPay credit card on UPI feature, users can simply scan QR codes at merchant locations and pay with their credit card through the UPI app. Learn about the limitations of RuPay credit cards on UPI.
Customers will have a seamless, digitally enabled credit card lifecycle experience with RuPay Credit Cards on UPI. Customers will benefit from the ease of use and increased availability of credit cards. Merchants will benefit from increased consumption by becoming a part of the credit ecosystem through credit card acceptance via asset lite QR codes. RuPay Credit cards can now be linked to a UPI ID, enabling safe and secure payment transactions directly.

Features:

• Discover credit card accounts from issuer banks using your registered mobile number and link them to your UPI ID on the BHIM app or any UPI app.
• Customers will be able to pay a merchant by scanning the UPI QR code after linking the card. The payment will be authenticated using the UPI PIN.
• This functionality will not allow for cash withdrawals from merchants, P2P, P2PM, or card-to-card payments.
• Transactions made through this process will adhere to UPI transaction limits.
• AutoPay and dispute resolution will be available to customers via ODR (UPIHelp) via UPI Apps.

How to link RuPay Credit Card on UPI?

• Open the BHIM UPI App and enter your passcode.
• Tap on bank account.and add an account
• Tap on credit card
• Select your credit card issuing bank
• Choose your credit card
• Now, click on Confirm
• Click to view accounts
• Choose from the available options
• Set your UPI Pin
• Noe, UPI Pin has been successfully set.

Payments not allowed

Users cannot use the RuPay credit card on UPI feature to transfer money to another user's UPI handle. As a result, you will be unable to send money to friends or family members who have individual UPI handles via RuPay credit card on UPI. The RuPay credit card-UPI handle cannot also be used to make payments to other credit card-UPI handles.

This facility does not allow you to transfer money to small merchants in the P2PM category. Simply put, you will not be able to use a RuPay credit card to pay at small street vendors such as vegetable sellers, street food vendors, or chaiwallahs via the UPI feature.

Transaction limit-

For most merchants, the standard transaction limit for the RuPay credit card on UPI is Rs 1 lakh per transaction. The limit for verified merchants in specific categories can be increased to Rs 2 lakh per transaction. Non-verified merchants have a daily transaction limit of Rs 2,000.