Google Pay has added support for RuPay credit cards on the Unified Payments Interface (UPI) in India. This means that users can now link their RuPay credit cards with Google Pay to pay at all online and offline merchants where RuPay credit cards are accepted. The feature is available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India. To activate, users need to add the RuPay credit card to Google Pay and set a unique UPI PIN. This move is expected to drive greater adoption of digital payments in the country.
The Reserve Bank of India (RBI) allowed linking of RuPay credit cards to the UPI platform in June 2022. Meanwhile, the NPCI reported a massive jump in monthly transaction count as the UPI transactions touched 8.7 billion in March. According to NPCI data, approximately 74 billion transactions worth Rs 125.94 trillion were conducted using UPI in calendar year 2022.