Google Pay, in collaboration with the National Payments Corporation of India (NPCI), has added RuPay credit card capability to the Unified Payments Interface (UPI). Users can now link their RuPay credit cards to Google Pay and pay at all online and offline merchants that accept RuPay credit cards.
According to a corporate release, the feature is now accessible to RuPay credit card customers of Axis Bank, Bank of Baroda, Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, and Union Bank of India. "This feature will give Google Pay users more flexibility and choice in making payments, as well as drive greater adoption of digital payments in the country," said Sharath Bulusu, Google's Director of Product Management.
To get started, users must link their RuPay credit card to Google Pay. Users can select the bank that issued their RuPay credit card by tapping on the "RuPay credit card on UPI" option on their profile. Following that, users must create a unique UPI PIN by inputting the last six digits of their card number and expiration date, as well as their bank's OTP.
"The integration of RuPay Credit Card on UPI delivers a remarkable user experience by seamlessly combining the convenience of UPI with the benefits of RuPay Credit Card," said Nalin Bansal, NPCI's Chief Relationship Management and Key Initiatives, Corporate Business.
In June 2022, the Reserve Bank of India (RBI) approved the connecting of RuPay credit cards to the UPI network. Meanwhile, the NPCI recorded a significant increase in monthly transaction count, with UPI transactions reaching 8.7 billion in March. According to NPCI data, over 74 billion transactions of Rs 125.94 trillion were carried out using UPI in calendar year 2022.