Shop Now, Pay Later: UPI's New Twist!

HDFC & ICICI Banks Launch UPI Credit. Read More>> Download App

UPI Payments Beyond Limits

[{"selector":"#anim-ade77286-961a-41c8-86bf-fbb222dfbb48","keyframes":{"opacity":[0,1]},"delay":250,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78d98918-675e-4286-baa4-57188fd98c77","keyframes":{"opacity":[0,1]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-338a2474-ce68-4d3c-9019-5a301098e880","keyframes":{"transform":["translate3d(0px, 304.95722%, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] RBI enables UPI payments from pre-sanctioned credit lines, revolutionizing digital transactions Download App

Expanding Payment Options

[{"selector":"#anim-5be64b51-6250-4189-a0b0-70572d588cf1","keyframes":{"opacity":[0,1]},"delay":250,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21a34a80-eba6-4587-bafb-b5ce622c832e","keyframes":{"opacity":[0,1]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af59f92c-d5d6-4437-8e4d-0793b73a8d45","keyframes":{"transform":["translate3d(0px, 266.53746%, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Previously, UPI could be linked to savings, overdrafts, wallets, and credit cards—now, it can be added to pre-approved credit lines Open Demat Account

RBI's Notification

[{"selector":"#anim-e265e6ae-1dd6-4fb3-9751-2903a95183ca","keyframes":{"opacity":[0,1]},"delay":250,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f82a84c6-067f-485c-a469-452f77cbd5bf","keyframes":{"opacity":[0,1]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db3f40a5-6b1d-4fe1-8b8b-94f02ffd769a","keyframes":{"transform":["translate3d(0px, 679.32805%, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] RBI's September 4, 2023, notification empowers banks to offer credit line facilities for seamless UPI transactions Open Demat Account

The Rise of UPI Now, Pay Later

[{"selector":"#anim-04de678d-689a-4e47-9682-523a951600d5","keyframes":{"opacity":[0,1]},"delay":250,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b43a6b5-89a2-4b93-a1a8-40700ff64c4a","keyframes":{"opacity":[0,1]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae0da8fc-83fb-4a41-a05d-11e6c5ca93b7","keyframes":{"transform":["translate3d(0px, 271.18856%, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Leading banks like HDFC and ICICI introduce "UPI Now, Pay Later" offering overdraft facilities for UPI transactions Learn More About UPI

How HDFC's Pay Later Works?

HDFC's PayLater offers interest only on the utilized credit limit, making it accessible for digital payments HDFC Bank Stock Details

ICICI's PayLater Facility

ICICI's PayLater provides up to 45 days of interest-free digital credit for various payments, with specific charges ICICI Bank Stock Details