Do you own a RuPay credit card and want to use it on popular UPI apps like Paytm, PhonePe, or Google Pay? Here we have got you covered with easy and simple steps to link your RuPay credit card to UPI.
The unaware UPI is a payment system developed by the National payments corporation of India (NPCI) that enables quick transfer of money between bank accounts. UPI is an interbank system that works on top of current banking infrastructure, making it a truly digital, real-time payment system. The linking of Rupay cards with UPI means that Rupay users users can now simply make payments online, pay bills, and transfer money to family and your dear ones
The RBI’s decision to link RuPay with UPI is expected to give a big boost to digital payments in India. According to industry measures India’s digital payment market is set to reach $1:trillion by 2023,up from $ 200 billion in 2018. With more than 840 million debit card users in the country, there is a huge new market for digital payments,and the RuPay -UPI comby is well-positioned to capture an important share of this market.
Before UPI people were using their debit card for payment but now people can use upi id for their payment. This is a new method of paying. In this policy, Rupay credit cards can also be linked to UPI, which give permission to their users to pay using popular UPI apps like Paytm, Phonepe, and Google Pay.
This is a game-changing move that not only broadens the orbit of UPI but also gives consumers larger flexibility and convenience in how they choose to pay. Whether you want to pay your utility bills or send money to a friend, using RuPay credit cards with UPI ensures you have an even easier and faster payment experience. So go ahead and link your RuPay credit card with UPI today, and enjoy hassle-free transactions that are more accessible than ever before.
Below are the steps guide which help you to link your Rupay Credit Card to your UPI ID
Install a UPI-enabled App : Start by downloading a UPI-enabled app on your smartphone. Popular apps in India that support UPI include Google Pay, PhonePe, Paytm, and BHIM (Bharat Interface for Money). Visit your app store, search for the desired app, and download it.
Register or Log In: Open the UPI app and register if you’re a new user. Provide the required information, such as your mobile number, bank account details, and create a UPI PIN. If you’re an existing user, log in to your UPI account using your credentials.
Add Bank Account: Once you’re registered or logged in, locate the option to add a bank account. In most UPI apps, this can be found in the settings or profile section. Tap on “Add Bank Account” or a similar option.
Select Your Bank: Choose the bank that issued your rupees card from the list of available banks. UPI supports numerous banks in India, so ensure you select the correct one.
Verify Your Account: UPI apps typically provide multiple methods for verifying your bank account. The most common methods include:
SMS Verification: If your mobile number is linked to the bank account, the UPI app may automatically verify it through SMS. Make sure you have the SIM card associated with your bank account inserted in your phone.
Account Details Verification: Some UPI apps require you to enter your account details manually for verification. This may include your account number, IFSC code, and other relevant information. Double-check the accuracy of the details before proceeding.
UPI PIN Verification: You may be prompted to enter your UPI PIN to verify your bank account. This is the PIN you created during the registration process.
Linking Your Rupees Card: Once your bank account is verified, the UPI app will display the linked account in your profile or settings. To link your rupees card, navigate to the “Payment Methods” or “Add Payment Method” section within the app.
Select Card Payment: Look for the option to add a card payment method and select it. You may be asked to enter the necessary card details, including the card number, expiry date, CVV, and cardholder’s name.
Card Verification: Depending on your bank, the UPI app may employ different methods to verify your rupees card. This can include One-Time Passwords (OTP), SMS verification, or other authentication methods. Follow the instructions provided by the app to complete the verification process.
Set Card as Default: Once your rupees card is successfully linked, you can choose to set it as your default payment method within the UPI app. This ensures that when making payments, the UPI app will use your rupees card by default unless you specify otherwise.