Google Pay Boosts Payment Convenience in India with RuPay Credit Card Integration

Google Pay Boosts Payment Convenience in India with RuPay Credit Card Integration

In a recent development, Google Pay has expanded its services in India, initiating support for RuPay credit cards, a move set to complement the continued rise of Google Pay’s popularity, which witnessed an impressive 8.8 million users in April 2023.

This follows last year’s decree by the Reserve Bank of India (RBI) permitting UPI payments via credit cards, albeit with restrictions.

Collaborating with the National Payments Corporation of India (NPCI), Google Pay has opened up UPI payments on its platform for RuPay credit card users. The integration is a straightforward process requiring users to link their RuPay credit card to Google Pay, thereby enabling them to carry out both online and offline payments effortlessly.

Currently, the service has been rolled out for RuPay cardholders associated with several prominent banks, including HDFC Bank, Axis Bank, Punjab National Bank, Bank of Baroda, Canara Bank, Indian Bank, Kotak Mahindra Bank, and Union Bank of India. Google Pay anticipates the extension of this feature to additional banks in the near future.

Nalin Bansal, NPCI’s Chief of Relationship Management and Key Initiatives of Corporate Business, expressed enthusiasm about the partnership, asserting, “We believe this service will mature to provide access to digital credit on demand and consumers will be able to make payments by taking benefit of the inherent security and availability of the UPI network across both offline and online platforms. We are delighted to partner with Google Pay as we believe that this combination will play a vital role in democratizing credit in India.“

For RuPay credit cardholders to utilize GPay’s UPI transactions, they need to set up the eligible RuPay credit card as a payment method. Users can find the “RuPay credit card on UPI” option under their profile, select the banking partner, and enter necessary details such as the last six digits of their card and card validity. This process equips users to carry out payments via Google Pay UPI using their RuPay credit card.

This integration comes as great news for RuPay credit cardholders who frequently use Google Pay for payments, enhancing convenience and streamlining transactions. We look forward to witnessing the inclusion of more credit cards into this feature, boosting its accessibility. What are your thoughts on this recent development? Let us know in the comments below.