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    Question

    Which fintech firm received NPCI approval to launch UPI

    payments using RuPay credit cards? 
    A PhonePe Correct Answer Incorrect Answer
    B Paytm Correct Answer Incorrect Answer
    C Razorpay Correct Answer Incorrect Answer
    D ZET Correct Answer Incorrect Answer
    E Pine Labs Correct Answer Incorrect Answer

    Solution

    ZET received approval from the National Payments Corporation of India (NPCI) to operate as a Third-Party Application Provider and launched ZET UPI, enabling users to make UPI payments using RuPay credit cards. The system routes payments through a credit line rather than a bank account, extending credit card usage to routine UPI transactions.  

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