Google Pay goes live with UPI on RuPay credit cards
Google Pay has become the third major payment application to enable credit card payments on its UPI app. Its rivals Paytm and PhonePe are already live with this product.
In a press note issued on Tuesday, Google said users of Google Pay can now link their RuPay credit cards on the app and make payments through UPI. Currently the Reserve Bank of India has only allowed RuPay credit card users to go live on UPI; other issuers, including Visa and Mastercard, are not allowed.
Currently Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India are live with this product. More banks are lined up, the tech major said.