Will UPI Replace borrowing Cards? #upi #creditcard #financial #cadeepakbhati

Will UPI replace borrowing cards? In a move that will expand the consumer borrowing sector in India, the RBI has permitted banks to transfer pre-sanctioned borrowing lines through the UPI network. The measure will enable UP| services to mimic borrowing cards and provide low-value borrowing to nearly 30 crore users of the payment platform. The … Read more