RBI on 8th June 2022 (Wednesday) announced that now credit cards can be linked with the unified payments interface (UPI), which enables more people to make payments using their favourite UPI app.
We already have a facility to make payment via Debit Card by linking the same to the UPI, but now we can link credit card with UPI and make payment experience more seamless.
In may 594.63 Crore worth of transactions amount 10.50 lakh crore were processed through UPI, Mr. Shaktikanta Das Quoted.