look news india
MasterCard and Visa cards: Even if we have forgotten our purse at home, we do not need to worry as we can easily make online payments. After online payment, the tension of carrying cash has ended in a way. Now we can do UPI even for goods worth Rs 5 from grocery stores.
Along with RBI, the government is also taking many steps to promote digital payments in the digital era. Earlier we had to link our bank account for UPI payment.
Now we can easily make UPI payment through credit card also. This means that now even if there is no money in the bank account, we can make UPI payment with the help of credit card.
UPI payment can be done through credit card, many users are not aware of this. Let us tell you that the Reserve Bank of India (RBI) had given permission to link RuPay card with UPI only last year.
This means that users who have a RuPay credit card can make UPI payments (RuPay credit card UPI transactions).
Many banks like HDFC Bank, Kotak Mahindra Bank, Yes Bank and Federal Bank have launched virtual RuPay credit cards. This is a type of credit card. Making UPI payment through this card has also become very easy.
Visa and MasterCard users can UPI
In such a situation, now the question is whether Visa and MasterCard users can also make UPI payment or not. The answer is yes'. If you have a Visa or MasterCard, the first thing you need to do is find out if your bank offers Virtual RuPay Credit Card.
If the bank is providing this facility to its customers then customers can easily do UPI through Virtual RuPay Credit Card. Let us tell you that Virtual RuPay Credit Card is a kind of additional card.
You can link Virtual RuPay Credit Card to UPI based apps like GooglePay, PayTm, PhonePe and make payments.
Apart from this, e-com payment can also be done through Virtual Rupay Credit Card. Let us tell you that just as there is a limit in Visa Mastercard, similarly there is a limit in Rupay Credit Card also.
