RuPay Credit Card on UPI is now available for Axis Bank customers: Step-by-step guide to link
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Which UPI payments will attract interchange fee? Will you have to bear the cost?Axis Bank is the sixth bank to launch Rupay credit cards on UPI after Punjab National Bank, Union Bank of India, Indian Bank, HDFC Bank, and Canara Bank.You can link Axis Bank RuPay Credit Card with the UPI application by entering the credit card's last six numbers and expiry date. Customers can currently link their RuPay Credit Card on UPI on the BHIM, Mobikwik, and Paytm apps.
Axis Rupay Credit Card
After linking, customers can make credit card transactions with utmost ease and provide an increased opportunity to use their credit cards with existing benefits, according to Axis Bank website.
How to link Axis Bank RuPay Credit Card on UPI
Axis Bank customers should create an account on UPI third-party application.
Here's a step-by-step process
Step 1: Download the UPI third-party application (eg. BHIM, Paytm, and Mobikwik) from the Google Play Store/ Apple App Store
Step 2: Verify the mobile number on the UPI App and complete the registration
Step 3: Post successful registration, select the option “Add Credit Card/ Link Credit Card”
Step 4: Select the credit card issuer bank (Axis Bank)
Step 5: Select your Axis Bank credit card to be linked and click on 'Confirm'.
Step 6: Proceed to generate UPI PIN (if not already done)
How to set UPI Pin
According to the Axis Bank website, here is how to set UPI PIN.
Step 1: Select Generate PIN option > Select Axis Bank RuPay Credit Card
Step 2: Enter Axis Bank RuPay Credit Card Details:
Step 3: Enter the last six digits and the expiry date
OTP will be sent to the customer's registered mobile number
Step 5: Enter OTP and set the PIN
How to pay with Axis Bank RuPay Credit Card on UPI
Step 1: Scan the merchant QR code or enter the merchant UPI ID
Step 2: Enter the amount or pay the auto-fetched amount
Step 3: Select Axis Bank RuPay Credit Card account
Step 4: Enter UPI PIN and click on 'Confirm'
Transaction status can be seen in transaction History
Important FAQs to know
How to make payment to a retail offline merchant using Axis Bank RuPay Credit Card?
Login to UPI App, scan Merchant UPI or QR code, enter the amount, select Axis Bank RuPay Credit Card account, enter UPI PIN, and confirm.
Can I make a payment to any person or other Credit Card using the linked Axis Bank RuPay Credit Card on UPI?
No, only payment to the merchant (P2M) will be allowed from the linked Axis Bank RuPay Credit Card.
Can I link my Axis Bank Visa/Mastercard Credit Card to UPI?
No. Currently, only active Axis Bank RuPay Credit Cards can be linked on UPI.
What is the maximum number of Axis Bank RuPay Credit Cards that can be linked on UPI?
There is no restriction on linking Axis Bank RuPay Credit Cards on UPI.
What are the restricted merchant categories on which customers won’t be able to make payments using Axis Bank RuPay Credit Card on UPI?
Categories – P2P, P2PM, digital account opening, lending platform, cash withdrawal at the merchant, cash withdrawal at ATM, ERUPI, IPO, Foreign Inward Remittances, Mutual Funds, and any other categories as restricted by the Axis Bank/RBI.
Can I raise a chargeback or refund on the UPI app for the linked Axis Bank RuPay Credit Card on UPI?
Yes. Chargeback or refund can be raised by connecting with Axis Bank or the UPI App on which the transaction was completed.
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This story originally appeared on: India Times - Author:Faqs of Insurances
