UPI on Credit Cards: A Quick Guide to Activation and Usage

Payments are changing fast, and one big shift is the introduction of UPI (Unified Payments Interface) on credit cards. UPI, which was first linked to bank accounts and debit cards, can now be used with credit cards. This means you can pay directly from your credit card using your smartphone. This guide will explain how to activate and use UPI on your credit card.

What Is UPI on Credit Cards?

UPI on credit cards is a feature that connects your credit card to the UPI payment system. It allows you to make payments using UPI-enabled apps, such as Google Pay, PhonePe, Paytm, and others, directly from your credit card. Here's how it works:

• UPI lets you pay instantly from your bank account, and now you can do the same with your credit card.
• The payment is processed using the credit card limit instead of your bank account balance.
• UPI on credit cards offers a fast, easy, and secure way to make payments.

Why Activate UPI on Your Credit Card?

UPI payments have become very popular due to their convenience. In the last year, UPI payment value increased by 37%, while debit card payments decreased. This trend shows that UPI is quickly becoming the preferred way to pay, especially for digital transactions. Adding UPI to credit cards makes this even more convenient. Here are the benefits:

• Credit card usage is common, and UPI makes payments even easier.
• UPI's speed and ease have caused a huge shift in how people pay, with many moving away from debit card payments.

Banks Supporting UPI on Credit Cards

The Reserve Bank of India (RBI) approved UPI payments through credit cards in 2022. Since then, many banks have started supporting this feature. Here are some banks offering UPI on credit cards:

• Punjab National Bank
• Union Bank of India
• HDFC Bank
• ICICI Bank
• Axis Bank
• Kotak Mahindra Bank

You can link your RuPay credit card to UPI-enabled apps like:

• BHIM
• PhonePe
• Google Pay
• Paytm
• MobiKwik
• Amazon Pay

How to Activate UPI on Your Credit Card?

Activating UPI on your credit card is simple. Just follow these easy steps:

1. Download the BHIM app from the Google Play Store or Apple App Store.
2. Complete the registration process and choose the credit card option.
3. Select your bank and update your mobile number linked to your bank.
4. Link your credit card by choosing it from the list.
5. Create a UPI PIN for your credit card. This PIN will be used to confirm transactions.

Once you’ve activated it, you’re ready to start making payments!

How to Use UPI on Your Credit Card?

Using UPI on your credit card is simple and works just like using UPI with a debit card. You can:

• Shop online
• Make payments at physical stores
• Send money to friends or family
• Pay bills and mobile recharges
• Pay subscriptions

With UPI on your credit card, you can make payments instantly without worrying about carrying cash or using multiple cards.

Key Considerations When Using UPI on Credit Cards

Before you start using UPI on your credit card, here are a few things to consider:

• Fees: Some banks may charge a small fee for UPI payments made with credit cards. Always check with your bank.
• Credit Limit: The transaction amount is deducted from your credit card limit. Keep track of your spending to avoid overspending.
• Security: Always set a strong UPI PIN and enable two-factor authentication for extra security. Report any unauthorized transactions immediately.
• Interest Charges: Since transactions are instantly processed, remember to check your billing cycle and pay your credit card bill on time to avoid interest charges.

Troubleshooting UPI on Credit Cards

If you face any issues while activating or using UPI on your credit card, here are some troubleshooting tips. Ensure that your credit card is eligible for UPI linkage and that your UPI app is updated to the latest version. Additionally, confirm that your bank supports UPI on credit cards—some banks may still be in the process of rolling out this feature. Double-check your credit card details and UPI ID to avoid transaction failures.

Conclusion

UPI on credit cards makes paying for things even easier and faster. By combining the convenience of UPI with the flexibility of credit cards, it gives users a secure and hassle-free way to pay using their smartphones. Whether you’re shopping, transferring money, or paying bills, UPI on credit cards is a great option.

To start enjoying the benefits of UPI on your credit card, simply follow the steps to activate and use this feature. With more banks offering UPI on credit cards and UPI becoming the go-to payment method, this feature is set to become a standard way to make digital payments.