Paytm Payments Bank introduces RuPay Credit Card on UPI

Paytm Payments Bank Limited, India’s home-grown payment solution provider, has recently launched RuPay Credit Card on UPI, which is aimed at improving the payment experience for both consumers and merchants. This integration of RuPay Credit Cards on UPI is expected to drive greater acceptance of RuPay credit cards and thereby reinforce the credit card ecosystem in India. Paytm Payments Bank has been a leader in UPI with its robust presence as the largest merchant acquiring and beneficiary bank and one of the leading remitter banks. The bank is also recognized for its prowess in P2M (peer to merchant) transactions and has a vast network of merchant partners in its ecosystem.

With the integration of RuPay Credit Cards on UPI, customers will have greater access to their credit cards and merchants will have increased consumption, making it easier for customers to use credit cards for payments through QR codes. The Reserve Bank of India has approved the integration of RuPay credit cards with UPI to provide users with a better digital credit card experience.