Question

    ______ has successfully enabled linkage of RuPay credit

    cards with Unified Payments Interface (UPI).   Customers can now use their RuPay credit card as a mode of payment while scanning UPI QR codes or at merchant’s UPI checkout page & will allow bank customers to receive credit card rewards and the lender is rolling out the functionality in phases.
    A HDFC Bank Correct Answer Incorrect Answer
    B Federal Bank Correct Answer Incorrect Answer
    C Bank of Baroda Correct Answer Incorrect Answer
    D Axis Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Axis Bank has successfully enabled linkage of RuPay credit cards with Unified Payments Interface (UPI).   Customers can now use their RuPay credit card as a mode of payment while scanning UPI QR codes or at merchant’s UPI checkout page. The feature will allow bank customers to receive credit card rewards and the lender is rolling out the functionality in phases,     Axis Bank has become the latest entrant in the list of banks that offer customers to link their RuPay credit card with UPI, with other banks being Canara Bank, HDFC Bank, Indian Bank, Punjab National Bank and Union Bank of India.

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