Make UPI Payments Using Credit Card

Easily link your credit card to UPI for secure, convenient payments and rewards
SET UP UPI
Make UPI Payments Using Credit Card
SET UP UPI
4 mins
21 November 2024

Unified Payments Interface (UPI) has revolutionised digital transactions in India. This article will explore how UPI works with credit cards, providing a seamless way to manage payments.

Overview about UPI and UPI for credit card

UPI, launched by the National Payments Corporation of India (NPCI), allows instant money transfers between bank accounts using a mobile device. It eliminates the need for entering bank details, making transactions quick and easy. Recently, the facility to link credit cards with UPI has been introduced, enhancing the flexibility of digital payments. This means users can now make payments using their credit card through UPI, blending the benefits of both systems.

How to link UPI with a credit card

  1. Open your UPI app and navigate to the 'ADD ACCOUNT' section.
  2. Select the option to add a credit card.
  3. Enter your credit card details and authenticate using OTP.
  4. Your credit card is now linked to UPI.

How to make UPI payments using credit cards

  1. Open your UPI app and select the 'PAY' option.
  2. Choose the credit card linked to your UPI as the payment method.
  3. Enter the recipient's UPI ID or scan their QR code.
  4. Confirm the payment amount and complete the transaction.

Benefits of linking credit card to UPI

  1. Ease of use: Simplifies the payment process by integrating credit cards with UPI.
  2. Instant transactions: Enables quick and real-time payments.
  3. Convenience: No need to carry physical credit cards for making payments.
  4. Wider acceptance: Credit cards can be used in more places via UPI.

Benefits of using UPI for transactions

  1. Security: UPI uses two-factor authentication, ensuring secure transactions.
  2. Convenience: Easy to use and accessible from any mobile device.
  3. Cost-effective: Minimal to no transaction fees for users.
  4. Wide network: Accepted by a large number of merchants and service providers.

Benefits of using UPI for credit card transactions

  1. Reward points: Continue earning credit card rewards on transactions.
  2. Extended credit: Benefit from the credit period offered by credit cards.
  3. Track spending: Monitor all expenses in one place through UPI apps.
  4. Emergency use: Handy for making payments even when low on bank balance.

Using Bajaj Finserv BBPS to make credit card transactions

The Bajaj Finserv BBPS platform offers a reliable platform for bill payments using credit cards linked to UPI. Facilitates easy and secure payments using UPI, integrating various payment methods including credit cards.

Conclusion

Credit card transactions using UPI combine the best features of both systems. It offers a seamless, secure, and efficient way to manage payments. Linking your credit card to UPI enhances convenience and flexibility, making digital payments simpler and more accessible. Using platforms like the Bajaj Finserv BBPS can further streamline this process, providing a reliable way to handle your financial transactions.

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

UPI available for credit card?

Yes, UPI is now available for credit card transactions, enhancing payment flexibility.

Is RuPay credit card use on UPI?

Yes, RuPay credit cards are compatible with UPI for transactions.

How to do credit card payment by UPI?

Link your credit card to UPI, select it as the payment method, and complete the transaction.

Are there any charges for UPI payment through credit card?

Typically, there are no additional charges for UPI payments via credit card, but check with your bank for specific details.

Are there any extra charges for UPI with a credit card?

There might be extra charges when using a credit card for UPI payments. These charges can include transaction fees or service charges imposed by the bank or the UPI service provider. It's best to check with your specific bank for detailed information on any applicable fees.

What is the limit of UPI through credit card?

The limit for UPI transactions through a credit card can vary depending on the bank and the type of credit card. Generally, there are daily and monthly transaction limits set by the bank, which can range from a few thousand to several lakhs of rupees. It's advisable to check with your bank for the exact limits applicable to your credit card.

What are the benefits of linking a credit card to UPI?

Linking a credit card to UPI offers several benefits:

  • Convenience: It allows you to make payments directly from your credit card without needing to carry the physical card.
  • Rewards: You can earn reward points, cashback, or other benefits offered by your credit card issuer on UPI transactions.
  • Flexibility: It provides an additional payment option, especially useful if you run out of funds in your bank account.
  • Security: UPI transactions are secured with two-factor authentication, adding an extra layer of security to your payments.
Show More Show Less

Related videos