For years, credit cards and UPI served two distinct purposes. Credit cards for many were primarily reserved for big spends like shopping, travel or big-ticket purchases on EMIs, while UPI since its launch fast became India’s preferred payment mode for small everyday spends such as buying groceries at local shops or paying cab fares.

For years, credit cards and UPI served two distinct purposes. Credit cards for many were primarily reserved for big spends like shopping, travel or big-ticket purchases on EMIs,…

UPI expands credit access for first-time users, enabling quick approvals and reaching consumers in smaller cities and self-employed sectors.