There’s little doubt about credit cards being the most helpful financial tool and lately. If you
spend a lot on transportation, use a fuel credit card in India to save more, and if you spend a lot on online shopping, get a shopping card. These cards make purchases easy and offer a lot of convenience.
To keep up in this fast-paced digital world, understanding how to use credit card for UPI payment should also interest you. Lately, UPI has become an even more easy way to make payments. In this case, joining the forces of a credit card with a UPI app seems to be the most convenient way to handle daily purchases.
This way, you will have the liberty to access credit card benefits along with getting UPI benefits. By linking your credit card with UPI, you can use it optimally to get access to a multiverse of rewards and added benefits.
Link Credit Card with UPI
Here are the steps that you must follow to link your credit card to a UPI App. The exact steps may differ, but you can follow these general guidelines:
- Step 1: Download a UPI App, such as Google Pay, Paytm or PhonePe
- Step 2: Verify your mobile number
- Step 3: Click on “Add Credit Card” or “Add Payment Method”
- Step 4: Choose the credit card issuer
- Step 5: Choose the credit card
- Step 6: Confirm your selection
- Step 7: Go to “Create PIN”
- Step 8: Select a credit card
- Step 9: Enter the last 6 digits of your credit card
- Step 10: Enter the credit card expiry date
- Step 11: Confirm and get your OTP
- Step 12: Enter your OTP
- Step 13: Set a UPI PIN
Do not get overwhelmed by the number of steps. Remember that you only have to do this once and enjoy the easy transactions until your card expires.
How to Begin a Transaction
You can transfer funds to anyone once you have linked your credit card to a UPI app. Here’s how you can send money to anyone within minutes:
- Step 1: Log in
- Step 2: Enter your phone number or scan the QR
- Step 3: Enter the amount
- Step 4: Choose ‘Credit card’ (as the preferred payment method)
- Step 5: Confirm with PIN
- Step 6: Send the money
Additionally, you can transfer funds to a bank account using the same process, with one key difference in step two. Instead of entering a mobile number, you will need to input the account number and IFSC code. All other steps in the process remain the same.
Benefits of Credit Cards for UPI Payments
Now that you know how to use credit card for UPI payment, you can take advantage of perks, such as:
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Hassle-Free Money Transfer
You can quickly complete transactions by linking your credit card with your UPI app. You can also transfer funds to your family or a friend in need. Your savings remain untouched whether you scan a QR code or use a UPI ID. In this case, you can even pay a retailer who doesn’t have a POS machine!
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Real-Time Transactions
When you send your money through UPI, the transaction is completed immediately. This is an efficient way to transfer funds instantly. You can also record every payment detail efficiently.
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Access to Multiple Accounts
UPI offers comprehensive access to your accounts, allowing you to link multiple debit and credit cards to a single UPI app. This flexibility makes it easy to choose your preferred bank and card for transactions.
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Contactless Payments
This method offers convenience and promotes hygiene by minimising physical contact. By not handing over your credit card, you can reduce chances of fraud like skimming, too.
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More Rewards
Since UPI payment are so easy to complete, if you use your card through it frequently, you can earn more points and cashback. This enables you to redeem points for merchandise or gift vouchers and save more. In addition, UPI apps also offer rewards on payments, and you can capitalise on those.
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Secure Payments
Every UPI app prioritises safety and safeguards your sensitive information. With encryption and authentication protocols in place, these apps prevent unauthorised access and minimise the risk of fraudulent activities.
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Convenient Access
One of the key advantages of linking your credit card to UPI is that you can access this option any time. Once linked, your credit card account is readily accessible for all your transactions, eliminating the need to go through the process each time.
Understanding these benefits can help you make a more informed decision about linking your credit card to a UPI app. As of now, you can only link RuPay credit cards with UPI. If you want to use your smartphone to get more benefits from your credit card, check out the One Credit Card.
Using the powerful One Credit Card App, you can set spending limits and even find the best offers near you to save more on shopping and dining. Not only does this card have zero annual and joining fees, but it also gives you lucrative discounts on electronics, grocery shopping, travel, food, and more. What’s more, you can earn 5X reward points and enjoy a bevy of offers with this stylish metal credit card. Apply now to enjoy its benefits.