Is NPCI’s New UPI Credit Line the End of Entry-Level Credit Cards?
Discover NPCI’s groundbreaking UPI credit line, revolutionizing payments by offering pre-sanctioned loans linked to your UPI account. This innovative feature allows transactions without depleting your bank balance, requiring repayment within a set timeframe. Major banks like Axis, HDFC, and ICICI are already onboard, making it an enticing option for both consumers and merchants seeking low-cost, convenient financial solutions