Paytm : Payment app Paytm has started a new service for Indian users. Under this new facility, users can connect their RuPay Credit Card to UPI. The company has claimed that both users and merchants will benefit from this new service. Along with this, more people will start using the Indian payment system RuPay. The company says that India’s credit card will get a boost.
What would be the benefit of this facility?
The demand for this card may increase after RuPay credit card is connected to Paytm. In such a situation, people can do maximum transactions with it. Customers will be able to pay easily by scanning the QR code by visiting a shop or showroom. With the introduction of this facility, users will not need to carry their physical credit cards everywhere and users will be able to pay without swiping machines. Let us tell you, the Reserve Bank of India has already given permission to integrate RuPay credit card with UPI. With this, users will get a better digital credit card experience.
We are happy to share that you can now link your RuPay credit cards to UPI for merchant payments through Paytm. Just scan Paytm Pioneered QR code and pay through UPI, no need to carry credit cards everywhere!
Read about it here https://t.co/0LMqXTVrtt
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— Paytm Payments Bank (@PaytmBank) February 7, 2023
Is it secure?
The company says that the process of connecting RuPay credit card to Paytm UPI is very easy. The company has claimed that doing so is also secure. If you want to connect your RuPay credit card with Paytm UPI, then you have to complete the process by going to Paytm’s UPI and selecting the RuPay credit card. After this, you will be able to make payment by scanning the merchant QR code very easily.
Also tell that work is also being done on a new feature, after which any transaction below Rs 200 can be done without UPI Pin. In fact, according to NPCI, 50 percent of transactions are of less than Rs.200. Repeatedly entering PIN for low cost is troublesome.
Read this also – PhonePe has given the facility to pay abroad through UPI, how did people pay earlier?