UPI money transfer without Internet!!!
There is big news for credit card and UPI users. RBI has launched the Rupay credit card on the UPI network. Now UPI payment can also be done by credit card.
These banks started the service
At present, punjab National bank, Union bank of india and indian bank are the three banks that are providing the facility of linking RuPay credit cards with UPI. NPCI i.e. National Payment Corporation of india, which is developing UPI, said that this will benefit both the customer and the merchant. New doors of opportunity opened for the customers and the merchant would get the benefit of more consumption.
The integration of the RuPay credit card with UPI will greatly expand the scope of the credit ecosystem. NPCI said that the RuPay Credit Card will be linked to a virtual payment address that enables secure payment transactions.
RBI launched UPI Lite
Apart from RuPay Credit Card, UPILite service has also been launched by RBI. It is believed that with the help of Rupay Credit Card and UPI Lite, there will be a revolution in the payment ecosystem.
Payment can be made without an internet
With the help of UPI Lite, customers will be able to make payments without the internet. With UPI Lite, you can transfer up to Rs 200 without the internet. Payment through UPI is also possible with a RuPay credit card.
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