Categories: Banking

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Piyush Shukla

Recent Posts

World Migratory Bird Day Revealed Theme For 2025

World Migratory Bird Day (WMBD) has revealed its 2025 campaign theme: "Creating Bird-Friendly Cities and…

1 hour ago

Public Sector Banks Clock Record ₹1.78 Lakh Crore Profit in FY25

Public Sector Banks (PSBs) in India have posted a record-breaking cumulative profit of ₹1.78 lakh…

2 hours ago

“Government Expands Credit Guarantee Scheme for Startups to Boost Innovation and Capital Mobilization”

The Government of India has recently notified the expansion of the Credit Guarantee Scheme for…

3 hours ago

First Round of India–New Zealand FTA Negotiations Successfully Concludes in New Delhi

The first round of negotiations for the India–New Zealand Free Trade Agreement (FTA) concluded successfully…

3 hours ago

What is ‘Bunyan Ul Marsoos’? Meaning, Origin, and Significance

The term "Bunyan Ul Marsoos" recently gained attention after Pakistan named a military operation against…

3 hours ago

India Secures ‘BBB’ Rating with Stable Outlook from Morningstar DBRS

India’s robust economic reforms, consistent fiscal consolidation, and resilient banking system have led global credit…

4 hours ago