HDFC Bank RuPay Credit Cards now live on UPI

With this linkage, HDFC Bank is the first private sector bank in the country to go live on UPI with its RuPay Credit Card, the private sector lender said in a statement.

HDFC Bank RuPay Credit Cards will be linked to a UPI ID, thus directly enabling safe, and secure payment transactionssaid the bank.

HDFC Bank customers will benefit from the increased opportunity to use their credit cards on UPI, and merchants will benefit from the increase in consumption by being part of the credit ecosystem with the acceptance of credit cards using assets like QR codes.

HDFC Bank's Digital Banking head Parag Rao said, “With the linkage of HDFC Bank’s RuPay Credit Cards to the UPI network, we are able to offer our customers even more flexibility and convenience to make digital payments."

Over time we are certain this will further enhance the payments landscape and we are honoured to be the first private sector bank to partner with NPCI for this initiative,” he added.

Commenting on the announcement, NPCI COO Praveena Rai said, “We believe linking RuPay Credit Card on UPI to be a game-changer for the ecosystem and will give impetus to the adoption of UPI across businesses with multiple use cases.

"It will provide a seamless, digitally enabled credit card lifecycle experience to the customers and will enable consumers to make QR-based, e-commerce payments using the credit card on UPI which will fuel further economic growth.”