India’s central bank to allow linking credit cards with UPI

India’s central bank proposed on Wednesday an integration between UPI and credit cards in a significant boost for a fast-growing payments protocol that has become the most popular way individuals in the South Asian market transact online.
“UPI facilitates transactions by linking savings or current accounts through users’ debit cards,” said Shaktikanta Das, Governor of Reserve Bank of India at a briefing.
“It is now proposed to allow linking of credit cards on the UPI platform to begin with the RuPay credit cards will be linked to UPI,” he said. Rupay is Indi

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