SBI Card and PhonePe unveil PURPLE and SELECT BLACK credit cards, blending UPI-based credit payments, high rewards, and complete digital control via the PhonePe app. Explore features, market impact, and what this means for Indian credit users.
In view of the increasing transactions through UPI, RBI had approved linking RuPay credit card to UPI in the year 2022. After this decision of RBI, now credit card users are also choosing the option of digital payment for purchasing. You just have to use your credit card smartly.