Customers can also make UPI payments through their credit cards. Know how.
UPI payment: People in the country are increasingly turning to UPI to transfer money. According to the National Payments Corporation of India (NPCI), Unified Payments Interface (UPI) transactions reached a record high of 16.73 billion in December 2024, up 8 percent from November’s 15.48 billion transactions.
With the growing popularity of UPI, credit card users are also now choosing the option of digital payment for shopping. Actually, using a credit card to make UPI payments is easy and hassle-free.
How to link credit card with UPI?
Download the app: If you want to transact through UPI, first you need to install the Bharat Interface for Money (BHIM) app.
Link credit card: To add your credit card to a UPI-enabled credit card, open the UPI app and go to the ‘add payment method’ section. Select the credit card option here and add details like credit card number, CVV and expiry date written on your card. After adding the card details, you will receive a one-time password (OTP) on your registered mobile number.
Create UPI ID: After linking your credit card account, create a UPI ID with your credit card. UPI ID is a unique number, which is a combination of numbers, letters and symbols. This ID linked to your bank account will help you pay and receive money through UPI. To check your UPI ID, go to the profile section in the app and select ‘UPI ID’.
How to pay?
To make a UPI payment via credit card, scan the QR code or choose options like ‘Pay Phone Number’ or ‘Pay Contacts’ and then enter your UPI ID or choose the relevant payment option on your app. You can also choose the ‘self-transfer’ option, which lets you transfer money from one account to another.
After the QR code, phone number or contact number is verified, enter the amount.
After entering the amount, select credit card to make the payment.
Finally enter the PIN, after which your transaction will be completed.
