22
Jul
From August 31, users can leverage credit lines linked to fixed deposits, shares, and overdraft loans for UPI transactions #UPI #NPCI #DigitalPayments #CreditOnUPI #UPI3.0 #FintechIndia #GooglePay #PhonePe #Paytm #RBI #DigitalCredit #CashlessIndia #FinancialInclusion #UPIUpdate New Delhi: In a major step to enhance digital payment flexibility, the National Payments Corporation of India (NPCI) has introduced new guidelines for using pre-sanctioned credit lines on the Unified Payments Interface (UPI). Starting August 31, 2025, customers will be able to link credit lines backed by various financial instruments—such as fixed deposits, shares, bonds, and overdraft loans—to their UPI apps. This move is set to transform…