SBI Card and National Payments Corporation of India Enables State Bank of India Credit Cards on RuPay With UPI
"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.
New Delhi, August 10: SBI Card and National Payments Corporation of India on Thursday announced the linking of SBI credit cards on RuPay platform with UPI.SBI Card customers will now be able to make UPI transactions through credit cards issued on RuPay. The facility can be availed of by registering the credit card with third-party UPI apps, SBI Card, a subsidiary of the State Bank of India, said in a statement.
This will further enhance avenues for customers using SBI Card on RuPay platform for UPI transactions, thereby facilitating enhanced, convenient, and seamless payments experience, it said. SBI Becomes Most Profitable Company in India, Reports Higher Profits Than Reliance Industries.
"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. State Bank of India's Internet Banking, UPI-YONO Service To Remain Shut Due to Scheduled Technology Upgrade; Check Time and Details.
Cardholders can enrol their active primary cards on UPI and make payments to merchants (P2M transactions) using their credit cards, it said, adding that the facility will be free for customers.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)