Google Pay now supports UPI payments using RuPay credit cards
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New Delhi: Google has partnered with the National Payments Corporation of India (NPCI) on Tuesday to launch RuPay credit cards on Unified Payments Interface (UPI).
Users can now register their RuPay credit cards on Google Pay and make payments at all online and offline merchants where RuPay credit cards are accepted.
Google Pay, a UPI-based payment app like most payments apps only support payment using a debit card. With this update, users can now add their RuPay credit card and make payments seamlessly to merchants across the country.
At present, there is no option to add Visa and Master-issued credit cards to Google Pay or any other UPI payment app in India.
The new feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India, the company said in a statement.
"This feature will give Google Pay users more flexibility and choice in making payments, and will drive greater adoption of digital payments in the country," said Sharath Bulusu, Director of Product Management from Google.
To activate, users need to add the RuPay credit card to Google Pay. Users can tap on the "RuPay credit card on UPI" option in their profile and select the bank which issued their RuPay credit card.
Thereafter, users will need to set a unique UPI PIN by entering the last six digits of the card number and expiry, entering the OTP from their bank.
"The integration of RuPay Credit Card on UPI delivers a remarkable user experience seamlessly combining the convenience of UPI with the benefits of RuPay Credit Card," said Nalin Bansal, Chief Relationship Management and Key Initiatives, Corporate Business from NPCI.
The Reserve Bank of India (RBI) had allowed linking of RuPay credit cards to the UPI platform in June 2022.
Meanwhile, the NPCI reported a massive jump in monthly transaction count as the UPI transactions touched 8.7 billion in March.
According to NPCI data, approximately 74 billion transactions worth Rs 125.94 trillion were conducted using UPI in calendar year 2022.
