February 9, 2025 · 12 mins read
Santosh Kumar
RuPay, developed by the National Payments Corporation of India, NPCI, was launched in the year 2012. RuPay is known as a Domestic Payment Network in India which helps in making instant payments. In the month of June and the year 2022, the Reserve Bank of India announced that citizens can link their RuPay Credit Cards with UPI.
RuPay cards are also known to be the most secure alternative for international payment networks such as Visa and Mastercard. RuPay does not end at a national level but is available to make transactions internationally.
RuPay was created for 3 major reasons, and they are:
1: To provide an affordable payment option for consumers in India.
2: To promote financial inclusion.
3: To support the RBI, the Reserve Bank of India's vision of a “less cash” economy.
Read More:: How to Get Money Back From UPI Frauds?
RuPay, a Domestic and international method of payment, consists of three types of cards, which are,
RuPay Debit Card: The RuPay Debit Card is directly linked to the user's bank account, and when a transaction is made, money is deducted from the user's account.
RuPay Prepaid Card: A virtual, or rather plastic, card that can be used to credit money by anybody and the user itself.
RuPay Credit Card: As it states, a credit card that can be used to make payments on purchases.
RuPay is a quicker way to make payment transactions in India and can be used on the following platforms and devices:
1: RuPay cards can be utilized in ATMs, Online, and POS Devices.
2: RuPay cards can be utilized for prepaid and debit card payments.
3: RuPay can also be used on all e-commerce websites.
Read More:: How to create a UPI ID and UPI PIN?
Alongside being an instant mode of payment, functioning on all e-commerce websites and functioning domestically and internationally, there yet are many other benefits of RuPay, and they are:
Airport Lounge Access: A few RuPay Credit Cards offer complimentary access to Domestic and international airport lounges.
Reward Points: Reward Points are offered by RuPay, which can be used for transactions.
Fuel Surcharge Waiver: When it’s time to fill up the vehicle with fuel, RuPay offers its users a Fuel Surcharge Waiver, which helps them save money on fuel.
Concierge Services: RuPay Credit Cards offer its users 24 hours, seven days a week, Concierge Services.
Unified Payments Interface (UPI): Payments can be made via UPI when using RuPay Credit Cards.
Spend-Based Annual Fee Waiver: If a user spends a certain amount per year, a few RuPay Credit Cards waive the annual fee.
Cashback: RuPay provides its users with cashback offers when certain transactions are made, such as utility bills and purchases at restaurants and eateries.
Discounts: Discounts are offered to RuPay users on purchasing a movie ticket via RuPay Credit Cards.
Read More:: How to Check CIBIL Score Without Mobile Number
RuPay cards can now be linked to your other UPI apps in order to make payments to merchants. How must one link their RuPay card to their UPI? Mentioned as follows:
1: Download and Register on the preferred UPI Application.
2: Select the option that says “Credit Card”.
3: Select the option of your bank.
4: Enter your mobile number with your bank.
5: Select the card which you want to link to the UPI.
6: Create a new UPI Pin.
7: Mention the last six digits of your card number.
8: Enter the Expiry date and follow the remaining steps.
As mentioned above, one can link their credit or debit cards on any UPI platform. In a few cases, few cards may not work successfully, and in cases as such, read the following:
1: The first and foremost thing to check is if your card is activated.
2: Ensure that the SIM is registered on the same mobile number as the number registered for creating a Bank account.
3: In any case, if the card is brand new, it may take up to 48 hours to activate, after which the user can try again.
Read More:: How to Do Offline UPI Payment
There are usually no charges for using a RuPay Credit Card for UPI; however, a few particular banks may have a little more information than this, so it is advised to check with the respective bank.
However, in any case of transaction limits with RuPay Credit Card UPI, it is mentioned below.
1: For a new RuPay Credit Card, the transaction limit is INR 5,000 only for the first 24 hours, which is 1 day. After 24 hours, the limit will be increased automatically.
2: A Surcharge may apply to users for payments made to certain merchant brackets, such as fuel.
However, in 2023, the NCPI announced that 1.1% would be charged on UPI transactions only for merchants, not customers; hence, no fees or charges are applied to receive or send money on UPI.
From the 1st of April 2023, NCPI decides that any merchant making a transaction above INR 2,000 via PPI Wallets or UPI will be applied an interchange charge of 1.1%. Therefore, if any merchant receives an amount above INR 2,000, such as INR 2,500 is accepted by a merchant, the merchant is required to pay a fee of INR 27.5
A merchant does not have to pay any charges if the transaction is a “Bank to Bank” transaction on the UPI App. Why has NCPI announced the 1.1% charge on UPI transactions by merchants? This will cover the Transaction Cost.
_Transaction Cost is the maintainability of the Banking infrastructure, which is necessary to make UPI payments seamless. _
Read More:: What is UPI Reference Number?
Customers must keep in mind a few factors before registering and/or while using the RuPay Credit Card UPI, and those factors are as follows:
1: In order to link the RuPay Credit Card to UPI, users must allow the UPI application to read their SMS and call history.
2: Users are advised to set a new UPI PIN and link their credit cards to their UPI to authenticate their credit card payments.
3: Users are requested to use CC on UPI to make transactions with merchants strictly on the merchant's QR Code.
4: Users are suggested to create an Autopay to ensure that payments, such as credit card bills, are made on time.
5: The users contact number must always be updated with the credit card in order to link the RuPay Credit Card on UPI.
6: Users are advised to check the available balance on the UPI application before initiating any payments with the merchant.
Read More:: How to Reset UPI PIN
1: Users and account holders are strictly advised not to share the UPI PIN with anybody via text, email, or phone.
2: Customers are advised not to keep their CC the same on their Savings Bank Account UPI PIN, the UPI PIN, and the Card PIN.
3: The OTP that is generated during the registration process must not be given to anybody.
4: It is advised not to breach the credit card limit when making payments to merchants assigned by the issuer on UPI.
5: For categories such as person-to-person, Digital Account Opening, Lending Platform, Cash Withdrawal at Merchant, Cash Withdrawal at ATM, Card-to-Card Payment, ERUPI, IPO, foreign inward remittances, Mutual Funds, and any other categories restricted by the issuing bank/ RBI, users are advised not to make any payments with RuPay Credit Card on UPI.
Read More:: How to Reset UPI PIN on PhonePe
Currently, RuPay Credit Cards can connect 22 banks to UPI, and they are mentioned below:
1: Punjab National Bank
2: Union Bank of India
3: Indian Bank
4: HDFC Bank
5: Canara Bank
6: Axis Bank
7: Kotak Mahindra Bank
8: Bob Financial Services LTD.
9: YES Bank
10: SBI Cards
11: ICICI Bank
12: AU SFB
13: IDFC Bank
14: IndusInd Bank
15: CSB
16: SBM Bank
17: Federal Bank
18: Saraswat Co-operative Bank Ltd.
19: RBL
20: Utkarsh SFB
21: City Union Bank
22: ESAF Small Finance Bank
With multiple advantages, RuPay focuses on fast payment transactions on various e-commerce websites and works domestically and internationally. Does RuPay consist of any disadvantages, and if there must be, it shall be informed. The following information will discuss detailed disadvantages, if any, to using RuPay and linking RuPay to UPI.
Restricted Usage: We have established that RuPay was primarily created to make instant payments domestically on e-commerce websites. However, international e-commerce websites do not allow RuPay or UPI payments. This limits the usage of a user who, in any case, wants to make purchases on international e-commerce websites.
Read More:: How Is Digital Rupee Different From UPI?
The future of TuPay credit card UPI payments in India looks promising, as most of the nation is making payments through UPI. Online transactions have become the norm purely because NPCI, the National Payments Corporation of India, ensures equal rewards for users who practice UPI Transactions.
1: From the 1st of September 2024, regular purchases and RuPay credit card rewards for transactions made through UPI.
2: Linking RuPay Credit Card to UPI increased the customer's usage of credit cards.
3: UPI transactions made on RuPay have doubled from April to October 2024.
The promising outlook for online transactions eventually portrays a systematic and clean future for RuPay Credit Card UPI Payments in India.
Read More:: How To Change Upi Id In Paytm
Launched in 2012 by NCPI in India, RuPay has done well in making payment transactions easier between the customer and the merchant. There are no RuPay Credit Card UPI Charges for receiving and sending money, but a 1.1% charge is applied for merchants as a contribution to building the infrastructure of the Banking system for the smooth functioning of the UPI system. RuPay was created for 3 significant reasons, one being to bring in an Instant and affordable mode of payment for the citizens of India. Two, RuPay was created to promote Financial Inclusion. Financial inclusion means that RuPay has access to useful and affordable financial products and services that meet their needs. Needs such as transactions, payments, savings, insurance and credit. And third major motive for RuPay’s creation was to make India a “less cash” economy.
With many advantages and a few to almost no disadvantages, RuPay conveniently helps users make online transactions on e-commerce websites. Now, that may only be tied down to Domestic use, which means only on Indian e-commerce websites does RuPay restrict itself for usage.
International e-commerce websites do not have that option, which makes it the only disadvantage of holding a RuPay Credit Card Linked with UPI. RuPay cards can also be utilized in ATMs and POS Devices.
Linking RuPay to UPI is a breeze. It involves steps like downloading the app, registering with the app, and signing into the Dashboard, which offers options to enter the issuing bank account and user details. RuPay has approved 22 Banks as of now, including Punjab National Bank, Union Bank of India, Federal Bank, HDFC Bank, and many more, as mentioned above in the article.
If linking the RuPay Credit Card to UPI is unsuccessful, the user is advised to contact customer support or wait 24 hours for the linking process to activate.
With a promising future for RuPay Credit Card UPI Payments in India, users are looking forward to many more offers and cashback to opt for RuPay as their primary digital payment option. The entire nation is heading towards a time when the entire cash transaction system turns digital.
Q1. Is there a joining fee for RuPay?
Ans: No, there is no joining fee for RuPay. Registering on RuPay is absolutely free of cost.
Q2. What credit cards come under Instant RuPay Credit Cards?
Ans: The credit cards that fall under Instant RuPay Credit cards are ICICI Bank, IDFC Bank, IndusInd Bank, YES Bank, Axis Bank, BOB Financial Solutions Ltd., and HDFC Bank.
Q3. What Is RuPay?
Ans: RuPay is the first-of-its-kind Global Card payment network in India, with a wide range of acceptance at ATMs, Shops, and E-commerce Websites.
Q4. Can I share OTP with someone during the registration process?
Ans: Users are strictly advised not to share any OTP they receive during the registration process with anybody.
Q5. Is there any Transaction limit for merchants on RuPay?
Ans: Yes, merchants will be charged a fee of 1.1%, or INR 27.5, for transactions made by them.
Q6. Is there any Transaction Limit for users to receive and send money on RuPay?
Ans: There is no transaction limit for users receiving and sending money anywhere.
Q7. How can I manage my Rupay Credit Card UPI Charges and Transactions well?
Ans: To manage the RuPay Credit Card UPI Charges and Transactions well, you must set unique and strong passwords, make sure you have enabled the two-factor authentication, regularly watch out for your transaction history, avoid sharing vital and sensitive information such as any OTP to anybody and finally, RuPay provides supplementary security features. Make sure you make use of that feature to manage your RuPay Credit Card UPI Transactions.
Download the app now
Download the app from PlayStore
