BOB Financial Allows UPI Integration Across Its Entire Rupay Credit Card Base

According to BOB Financial Solutions Ltd (BFSL), consumers of BoB Credit Cards may now use their RuPay Credit Cards on UPI using BHIM and other UPI-enabled Apps.

Bank of Baroda and National Payments Corporation of India (NPCI) jointly possess all of the shares of BFSL.

 

According to a joint release, this capability will allow users of Bank of Baroda RuPay Credit Cards to conduct transactions at any merchant location in the nation that has a QR code or POS device, all while benefiting from UPI’s convenience and security guarantees.

 

According to BoB managing director Sanjiv Chadha, credit card on UPI enables our clients access to the simplicity and convenience of transacting on UPI while they continue to benefit from a credit card.

 

Customers of BoB RuPay credit cards may now instantly connect their credit cards to the UPI services of their choosing, including BHIM, PhonePe, Paytm, Google Pay, Slice, MobiKwik, and PayZapp.

 

“And they are not even required to carry the card.” With this introduction, we anticipate a big increase in the use cases for credit card payments, leading to a considerable increase in the amount of time that our cardholders spend using their Bank of Baroda RuPay Credit Card.

 

UPI, the integration of Bank of Baroda Credit Cards on UPI rails is a huge milestone in the development trajectory of both RuPay and UPI, said NPCI managing director Dilip Asbe in response to the news.

 

The integration of UPI with RuPay Credit Cards is changing how people in the nation see using credit cards.