Name: Linking Credit Card To UPI: Check Its Advantages And Disadvantages
Brand: outlookindia.com
SKU: outlookindia-com-7
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Linking Credit Card To UPI: Check Its Advantages And Disadvantages

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Multiple Transactions:&nbsp;Users can see multiple transactions in his/her bank statement. Linking the credit card to UPI, all the transactions will be reflected on the credit card instead of the bank account.Time To Repay:&nbsp;At present, whatever payments the user makes, the amount gets deducted instantly from the bank account. By linking credit cards to UPI, it will give the user a credit base of those payments which means the user will get time to repay the amount.Rewards:&nbsp;Some credit cards offer rewards, cashback, or other benefits for using UPI transactions linked to the card where users can take advantage of these incentives.Convenience:&nbsp;“Linking a credit card to UPI offers convenience, allowing users to make seamless and quick transactions. Users can make payments directly from their credit card without the need for physical cards. In India, virtual cards are not very popular but in UPI, Rupay made it a reality for retail virtual cards,” says Jain.&nbsp;Wider Acceptance:&nbsp;UPI is widely accepted across various platforms and merchants, making it convenient for users to make payments using their linked credit cards.

Multiple Transactions:&nbsp;Users can see multiple transactions in his/her bank statement. Linking the credit card to UPI, all the transactions will be reflected on the credit card instead of the bank account.Time To Repay:&nbsp;At present, whatever payments the user makes, the amount gets deducted instantly from the bank account. By linking credit cards to UPI, it will give the user a credit base of those payments which means the user will get time to repay the amount.Rewards:&nbsp;Some credit cards offer rewards, cashback, or other benefits for using UPI transactions linked to the card...

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Meghna Maiti

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Linking Credit Card To UPI: Check Its Advantages And Disadvantages

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