The National Payments Corporation of India (NPCI) has recently introduced a feature enabling the linkage of RuPay credit cards to the unified payments interface (UPI). You no longer need a point-of-sale (POS) terminal to use your credit card in a shop. With the new RuPay credit card on UPI feature, you can simply scan QR codes at merchant outlets and pay with the credit card via the UPI app. ET Online breaks down how this RuPay credit card on UPI will work and its limitations.
Coverages:
