BOB Financial’s facility to link RuPay Credit Card with UPI
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New Delhi (Best Hindu News): BOB Financial Solutions Limited (BFSL), a wholly acquired unit of Bank of Baroda and National Payments Corporation of India (NPCI), has enabled the use of Bank of Baroda’s RuPay Credit Card with UPI on BHIM and other UPI enabled apps. given the facility.
The company today announced that BOB Financial is one of the largest distributors of RuPay Credit Cards in the region. With this facility, Bank of Baroda RuPay Credit Card users will be able to transact at all merchant outlets having QR code and POS devices in the country with the convenience and security of UPI.Sanjeev Chadha, MD & CEO, Bank of Baroda said, “UPI has revolutionized the payments sector in the country. BOB Financial is delighted to partner with NPCI to enable credit card transactions on UPI through Bank of Baroda RuPay Credit Cards. Linking a credit card on UPI gives the customers the convenience and ease of transacting on UPI, while simultaneously enjoying the benefits of a credit card. Moreover, they do not even need to carry the credit card with them. With this launch, we expect a significant increase in credit card payments, with which our cardholders will be able to use their Bank of Baroda Rupay Credit Card much more.”
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