CRED enables RuPay credit card payments via UPI: How to avail

CRED, a community of creditworthy individuals, brands, and institutions, in collaboration with NPCI, has launched RuPay credit card-based UPI payments for CRED members. CRED supports RuPay credit cards issued by banks such as HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, BOB Financial Solutions, Canara Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank, it said in a statement.

Members can now use their RuPay credit cards to make payments to merchants via UPI. This integration enables members to complete transactions swiftly and securely with a simple scan using their linked RuPay credit card. Brands and merchants will benefit from the increase in consumption and inclusion in the credit ecosystem, CRED said.

Increased use of credit cards: Enables use of credit cards for UPI transactions, offering use of credit to handle their expenses and extending the life of money in their bank accounts.