Question

    Which fintech company  introduced RuPay credit card-based Unified Payments Interface (UPI) payments for its members, in collaboration with the National Payments Corporation of India (NPCI) empowering its members to utilise their RuPay credit cards for making payments via UPI? 

    A CRED Correct Answer Incorrect Answer
    B PineLabs Correct Answer Incorrect Answer
    C Razorpay Correct Answer Incorrect Answer
    D Mswipe Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Fintech firm CRED introduced RuPay credit card-based Unified Payments Interface (UPI) payments for its members, in collaboration with the National Payments Corporation of India (NPCI). The launch of credit-on-UPI will empower CRED's members to utilise their RuPay credit cards for making payments via UPI. Accordingly, users can pay businesses or merchants by scanning any UPI QR code, using their RuPay credit card linked to their UPI.

    Practice Next