October 21, 2024 · 11 mins read
Santosh Kumar
With the recent RBI & NPCI guidelines enabling Rupay credit cards for UPI, customers now have seamless access to pay merchants digitally using their credit line. Credit card holders can enjoy the dual benefits of the ease of digital payments combined with the flexibility to pay with their credit cards. Alternatively, merchants get the opportunity to be a part of the credit ecosystem which increases consumption rates with the usage of credit cards with UPI.
Once you link your Rupay credit card with UPI, you can make safe and instant transactions for shopping, bill payments, and peer-to-peer transfers.
This article will discuss how Rupay credit cards work with UPI, how to add Rupay credit cards to UPI, do's and don'ts for best usage practices, and the UPI limit for Rupay cards.
Read More:: What is the minimum credit score needed for a credit card?
The RBI guidelines on Rupay credit card for UPI enabled Rupay card holders to utilize their credit line for digital payments. They can seamlessly pay at merchants, online vendors, and SaaS platforms and make peer-to-peer transfers with their UPI OD and Rupay credit cards.
Here are some other RBI guidelines for Rupay credit card usage with UPI:
Allow your UPI app to access contacts, call history, and SMS. You should also set up different UPI pins for different cards for safe transactions. Ultimately, make sure you update your mobile number with your issuer bank.
The Rupay credit card rewards for UPI should be the same as other transactions using your Rupay credit card.
These guidelines by NPCI posit that interchange fees would be applicable on UPI transactions with Rupay credit cards. Rupay credit card merchants must pay an interchange fee of 2% above Rs. 2,000 on UPI transactions.
Users can also request their issuer bank to raise their credit limit on their RuPay credit card through their UPI app.
Read More:: Best Credit Card for Beginners
The Rupay credit card for UPI provides seamless features to cardholders. They can instantly pay any merchants for any amount and ditch worries regarding the need for liquid cash. Merchants no longer have to worry about exacting change as customer convenience increases with Rupay credit card UPI payments. Here are some top features of integrating Rupay credit cards with UPI:
If you are a valid Rupay credit card holder, you can discover credit card accounts on your UPI app and select the issuer bank to link with your UPI ID. Regardless of the bank, if you have a Rupay credit card, you can enjoy the fruits of digital payments - the same as bank account holders.
Once you link your Rupay credit card to UPI, you instantly pay merchants, e-commerce websites, and peers with QR code scanning. You must scan the QR, enter the amount and your UPI pin, and complete the payment.
Just like UPI payments with bank accounts, you can also avail the benefits of Autopay on your UPI app with Rupay credit cards. Set dates for auto-paying SaaS companies or OTT platforms and enjoy the convenience of seamless subscriptions.
Similar to UPI with debit, Rupay credit card holders can avail help and resolve discrepancies with ODR through their UPI apps.
Read More:: How to Use Rupay Credit Card for UPI?
Partnering with the NPCI, Google Pay allows users to pay with UPI using their Rupay Credit cards. Users can online and offline using their Rupay credit cards. Here is how you can add your Rupay credit card for UPI payments:
1. Open GPay
2. Click on your profile picture on the top right bar
3. Tap on ‘Rupay Credit Card’ on the ‘Setup Payment Methods’ box
4. Select the bank you want to link your Rupay credit card with from the list
5. A message will be sent from your registered mobile number for verification
6. Upon verification, you can start using your Rupay credit card for UPI transactions.
Once you have successfully added your Rupay credit card with UPI, you can pay merchants' bills and send/receive money online to friends and peers. To pay with your Rupay credit card on GPay, follow these steps:
1. Scan the merchant's QR code or enter UPI ID
2. Enter the amount
3. In payment method, choose your Rupay credit card
4. Enter your UPI pin
5. Confirm the payment
Read More:: Difference between Rupay and Visa Card
The integration of UPI with the Rupay credit card has surely simplified online transactions for credit card holders. By registering your Rupay credit card with UPI, you can seamlessly pay merchants without having to carry your card physically.
However, there is a limit to using Rupay credit cards for UPI. It is important that you understand this limit to make the most of your credit card.
Your Rupay credit card has a UPI transaction limit. This limit prevents fraudulent activities and ensures hassle-free transactions. Per the NPCI, the UPI transaction limit for the Rupay credit card is set at Rs. 1 lakh daily. This gives you the flexibility to pay via your Rupay credit cards for an amount up to Rs. 1 lakh per day.
However, there is an exception to this. For specific Merchant Category Codes, the UPI limit for Rupay cards can be extended to Rs. 2 lakh per day.
But this doesn't mean that you can exceed your Rupay credit limit. If your Rupay credit card limit is Rs. 25,000, you cannot exceed this limit, although the daily UPI transaction limit is set at Rs. 1 lakh.
You should also check with your bank issuer to know the specific UPI limit on your Rupay credit card.
Read More:: Top 10 Credit Card Features List
Using a Rupay credit card for UPI carries several benefits, like:
No need to carry liquid cash or your card physically to avail of your credit line. You can pay any merchant in just a few taps.
UPI has gained widespread acceptance in India, with lakhs of merchants and even more users. You can make payments online and offline using your Rupay credit card.
A major benefit of using a Rupay credit card for UPI is the rewards and discount offers. Every time to shop or send money, you earn reward points, which can be redeemed on your next purchase. This means you enjoy discounts and more savings with each purchase.
UPI transactions are fully secure with multiple encryption layers and authentication. If highly advisable that you further secure your UPI app with biometric, pin, or pattern access to keep your transactions safe.
Regardless of which UPI application you use, all your transactions are tracked in real time. By continuously monitoring your spending, you can optimise financial management and ensure you are not exceeding your budget.
You can still available your interest-free repayment period when using a Rupay credit card for UPI. This means you can defer payments and use your credit line without incurring interest. Make sure you pay off the balance completely before the due date to prevent interest and harm to your CIBIL score.
1. Make sure to set a different UPI pin for your Rupay credit card when linking.
2. Make payments exclusively to merchant QR codes or e-commerce merchants
3. Enable your UPI app to read SMS, call history, and contacts for easy transactions
4. Enable Autopay to pay utility and other bills on time using Rupay credit card
5. Always keep your mobile number updated with your credit card issuer's bank
1. Do not create the same UPI PIN of your bank account as your Rupay credit card UPI PIN
2. Do not share your UPI pin with anyone
3. Do not exceed the limit of your credit card while making payments
4. Do not use your Rupay credit card on UPI for peer-to-peer payments, digital account opening, merchant or ATM cash withdrawals, mutual funds, or other categories restricted by your issuer bank.
5. Do not share the UPI pin with anyone during registration.
Read More:: Best RuPay Card for UPI
Knowing the Rupay credit card for UPI allows you to seamlessly enjoy the convenience of digital payments on your credit line and manage your finances better. From the ease of paying anywhere anytime to earning rewards and better financial management - using Rupay credit cards with UPI gives you much flexibility and multiple benefits.
If you further want to explore these benefits, apply for a Rupay credit card from your preferred bank and enjoy benefits like reward points, fuel surcharge, travel coverage, and protection against card loss and theft - along with the ease of digital payments and money transfers.
How do I pay with my Rupay credit card on UPI?
To make UPI payments with your credit card, download the UPI app, create an account, choose your bank, and link your Rupay credit card to the app. Once linked, you can initiate a payment by scanning QR codes or entering the recipient's UPI ID, specifying the amount, and verifying the transaction by entering your UPI pin.
How do I link my Rupay credit card to UPI?
To link your Rupay credit card to UPI, install a UPI app like GPay on your smartphone. Open the app, go to settings or your profile, and choose to add a credit card option. Next, select your credit card and enter all details for verification. Once verification is complete, your Rupay credit card will be linked successfully for UPI transactions.
What is the limit on Rupay credit cards for UPI transactions?
The daily limit of Rupay credit cards for UPI transactions is Rs. 1 lakh. The daily limit for specific merchant category codes is set to Rs. 2 lakh in special circumstances. However, if your Rupay credit card limit is lower than Rs. 1 lakh, you cannot make payments above that threshold. For instance, if your credit limit is Rs. 50,000, the Rs. 1 lakh limit set by NTPC will not apply. You cannot exceed the credit limit on your Rupay credit card.
Is there a charge on Rupay credit card payments with UPI?
Most UPI platforms do not impose any charges on UPI transactions. However, it is advisable to check your bank and your UPI app to know if there are specific charges related to some UPI transactions using your Rupay credit card. Some banks levy transaction charges on specific purchases. Review the terms and conditions of your Rupay card usage or contact the support team of your bank for more information on charges on UPI transactions.
Can I set my credit card PIN as my UPI PIN?
You will have to authenticate every transaction using your UPI pin, which you need to set up while linking your credit card. While you can set the same PIN, it is highly advisable not to do so to prevent fraud. Keeping different pins adds another layer of security to your credit card on UPI. Also, never share your credit card or UPI PIN with anyone.
Can I change my UPI pin?
Yes. UPI apps allow you to change your UPI PIN anytime you want. Select 'Change UPI PIN' from settings or your profile section, depending on the UPI app you are using, and create another PIN for future transactions.
Can I reset my UPI PIN if I have forgotten it?
Yes. Open your UPI app, go to the Rupay credit card account for which you need to change your PIN, and select 'Forgot UPI PIN'. You will be asked for verification and if successful, you can set a new UPI pin for the Rupay credit card.
Download the app now
Download the app from PlayStore
