India’s payment ecosystem moved from cash and paper instruments toward an interoperable digital system in under two decades. Major milestones include RTGS (2004), NEFT (2005), IMPS (2010), UPI (2016) and successive innovations like AePS, BBPS, UPI Lite, and credit-on-UPI. Policy pushes such as demonetisation (2016) accelerated adoption, while RBI and NPCI ensured scalability, safety, and…
Digital payments have become the norm in India, and UPI (Unified Payments Interface) has played a huge role in making money transfers and payments quick and easy. While UPI traditionally connected only to bank accounts, now many banks and apps allow you to link your Rupay credit card to UPI as well. This means you…
Not so long ago, carrying a thick wallet stuffed with cash was normal. Then came debit cards. And now, in India, we barely even reach for our wallets because we have UPI. But here’s the latest twist in the digital payment story: credit on UPI. If you’ve been wondering whether to stick to the classic…