Linking Credit Cards with UPI to Get Higher Acceptance

[ad_1] The Reserve Bank of India said that it will allow the linking of credit cards with the UPI platform. The central bank said that only RuPay credit cards will be linked to the UPI platform in the initial phase. The move will enhance the credit card acceptance infrastructure as merchants can accept credit cards using UPI. Industry players said that while the integration of Unified Payments Interface (UPI) with RuPay credit cards is seen as an advantage by key stakeholders, more clarity will be needed on some operational aspects.…