Mangalore university college, College in Mangalore, India

New Delhi [India], May 23 : Tapping into the growing popularity of Unified Payments Interface (UPI), Google Pay in conjunction with the National Payments Corporation of India (NPCI) on Tuesday announced the capability for users to make UPI payments with RuPay credit cards.With this development, users can link their RuPay credit cards with Google Pay to seamlessly pay at all online and offline merchants where RuPay credit cards are accepted.This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India. More banks will follow suit shortly.To activate, users need to add the RuPay credit card to Google Pay. Users can tap on the "RuPay credit card on UPI" option in their profile and select the bank which issued their RuPay credit card.Thereafter, users will need to set a unique UPI PIN by entering the last six digits of the card number and expiry, and then entering the OTP from their bank. The statement from Google said users are ready to pay merchants on UPI with their RuPay credit card. "They will enter the set UPI PIN, the same way they do for other UPI transactions," it added.Sharath Bulusu, Director of Product Management from Google, said, "Google Pay is a partner to India's financial ecosystem enabling millions of users to safely and conveniently make digital payments every day... This feature will give Google Pay users more flexibility and choice in making payments, and will drive greater adoption of digital payments in the country."Nalin Bansal, Chief Relationship Management and Key Initiatives, Corporate Business from NPCI, said, "The integration of RuPay Credit Card on UPI delivers a remarkable user experience seamlessly combining the convenience of UPI with the benefits of RuPay Credit Card."Bansal said, "We believe this service will mature to provide access to digital credit on demand and consumers will be able to make payments by taking benefit of the inherent security and availability of UPI network across both offline and online platforms."In recent years, India has witnessed a huge rise in the number of transactions made through UPI. NPCI reported a massive jump in monthly transaction count as the UPI transactions touched 8.7 billion in March 2023. To further bolster growth of digital payments in the country, the Reserve Bank of India (RBI) allowed linking of RuPay credit cards to the UPI platform in June 2022.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Mangalore University CollegeFOLLOW

Mangalore university college, Latest News

Aizawl (Mizoram) [India], May 23 : A large quantity of contraband drugs worth Rs 19.5 crore was seized in ... ...

Bhopal, May 23 One of the four cheetah cubs born to Namibian feline Siyaya akka Jwala has died ... ...

New Delhi, May 23 HP Inc led the India traditional PC market, inclusive of desktops, notebooks, and workstations, ... ...

Mumbai (Maharashtra) [India], May 23 : Line pipes maker Welspun Corp has announced its associate company, East Pipes Integrated ... ...

Mumbai (Maharashtra) [India], May 23 (ANI/BusinessWire India): Ishan Technologies, a leading ICT Group with a strong pan-India presence, announced ... ...

Mumbai (Maharashtra) [India], May 23 : Former Maharashtra Chief Minister and ex-Lok Sabha Speaker Manohar Joshi, one of the ... ...

By life New Delhi, May 23 I have been a firm believer in the benefits of using natural ... ...

New Delhi [India], May 23 : Tapping into the growing popularity of Unified Payments Interface (UPI), Google Pay in ... ...