Fintech

Credit cards on UPI: Adoption, MDR are big question marks

Pratik Bhakta

September 23, 2022 | 5 Min Read

Credit cards on UPI: Adoption, MDR are big question marks

Free Read

September 23, 2022 | 5 Min Read

The Crux newsletter this week. Consumers can now use credit cards to transact on UPI. While it’s a huge leap for mobile payments, there are serious teething troubles. Plus, what the departure of WhatsApp Payments’ head means

In a six-year span, Unified Payments Interface, or UPI, has become almost the de facto mode for debit transactions, with funds drawn directly from users’ bank accounts. And now, it is warming up to the credit side of the payments world.

Boost for ecosystem: RuPay credit cards went live on UPI this week. Consumers can create a virtual payment address linked to their RuPay account and transact through apps. (BHIM to begin with.)

Read this article for free

In addition, access 50+ archived articles and 3 new articles every month

Got a tip? If you have a lead we should be chasing at The CapTable, write to us at [email protected]

Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds

Trusted by the best

Karthik Reddy

Blume Ventures

The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.

Latest Articles

India's AI learning rush meets a reality check

Professionals are spending thousands to stay relevant in the AI era, but recruiters say certifications matter far less than hands-on experience that remains difficult to obtain.

Sanghamitra Kar

The end is near, and it’s good news

Motilal Oswal and others say the two-year exodus of capital from the country is nearly done, and interest in India is picking up once again.

Sanghamitra Kar

Free Read

A global whey shortage is rewriting India’s protein market playbook

As whey—the gold standard of protein—becomes scarcer and more expensive globally, India’s protein ecosystem is being forced to adapt. Consumers are looking beyond whey, brands are grappling with rising costs and reworking products, while high-protein dairy is quietly emerging as an unlikely winner.

Shivani Verma

Who are IPO prospectuses really written for?

The whole idea of disclosure was built on the premise that companies must tell investors ‘everything’ material before asking for their money. But this ‘everything’ is subjective. And it keeps expanding. While a 1,000-page document discloses everything, it fails to inform.

Pradip K Saha

The tech in edtech is now AI

It’s changing the sector one query at a time, from how lessons are built to how these companies earn and spend.

Ishan Patra

Convinced that The Captable stories and insights
will give you the edge?

Convinced that The Captable stories
and insights will give you the edge?

Subscribe Now

Stories

Explore