TNPSC Thervupettagam

First Government bank to allow UPI payments through credit cards

July 3 , 2023 511 days 932 0
  • Canara Bank has announced that it has become India’s first Public Sector Bank to offer UPI (Unified Payments Interface) payments to merchants through RuPay Credit Card.
  • This new feature is available within the bank’s popular “Canara ai1” Banking Super App.
  • The bank has partnered with NPCI (National Payments Corporation of India) to introduce this facility.
  • It enables Canara Bank customers to make quick and seamless payments to merchants using their RuPay Credit Card, providing them with greater flexibility and convenience.
  • This joint initiative aims to provide safe, secure, and convenient payment transactions for Canara Bank customers.
  • The introduction of RuPay Credit Cards on UPI opens new opportunities for both customers and merchants, revolutionizing the credit ecosystem.

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