IPU (Unified Payments Interface) is one of the most common ways to make payments online these days. It’s easy, simple and available at your fingertips. All users need is to scan the QR code or enter the phone number of the receiver. In addition to this, most online portals like e-commerce platforms and recharge sites also accept this payment method.
Recently, RBI authorized the use of Rupay credit cards as a payment method for UPI. This means users can now use their credit cards to make UPI payments. It’s also important to note that while support for Rupay credit cards has been announced, it’s up to UPI payment apps to add support. Meanwhile, most of them allow users to link their Visa cards and Mastercards with the app, but there’s a catch.
You cannot use your credit card, from now on, to transfer money or pay at a local store near you. The only thing you can use to make utility bills and payments like electricity bill, top up phone number etc.
Here’s how to link credit cards with Google Pay make payments:
Open the Google Pay app on your smartphone
Tap the profile icon in the upper right corner
Next, tap on the Bank Account option and choose “Add Credit or Debit Card”
You can either scan your credit card or enter the details manually
Next, you will be asked to enter your billing address and mobile number for card verifications. Once done, head to any utility payment option and proceed to the payment screen by entering the amount. Here, choose your linked credit card to make the payment.
It is not free unlike bank to bank. There will be charges with CC payments through UPI.