Indian Economy

Linking Credit Cards With UPI

GS Paper – 2,3 Government Policies & Interventions, Mobilization of Resources, Growth & Development.

Why in the news?

What exactly is the Unified Payment Interface?


Credit Card and UPI must be linked:

What is the Importance of the Change?

Additional Payment Options:

Credit Card Use Will Rise:

Credit Building Opportunities on UPI:

Increase Transactions at More Merchant Websites:

Increase overall spending:

Increase the average monetary value of financial transactions:

What are the Obstacles?