Canara Bank introduces Rupay Credit Card on UPI

To leverage the reach of UPI and the strength of credit card products, Canara Bank in collaboration with National Payments Corporation of India (NPCI) launched the Rupay Credit Card through UPI using the BHIM app.

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Significance of this development:

This integration allows customers to connect their Rupay Credit Card to UPI and conduct merchant transactions without needing the physical card, resembling UPI’s account-based transactions.

How to link Your Credit Card to UPI:

The procedure for linking the credit card is similar to the existing account linking procedure, and customers should select Canara Credit Card during account listing for linking. The transaction limits applicable for UPI transactions shall continue for UPI payments using Rupay Credit Card.