Mr. Tejas, you are right about that. They will go live only by June 2023 as per the latest news. Source: SBI Card, ICICI Bank defer RuPay credit card on UPI till June: Report
Below is an Excerpt from SBI Cards and Payments’ quarterly conference call dated April 28, 2023.
“Mr. Rama Mohan Rao Amara: We are excited with the opportunity from the linkage of Rupay cards with UPI. Access to a larger merchant and hence customer base is good for the industry players. We plan to roll out the UPI and Rupay linkage over the next few months.”
Disclaimer: I am heavily invested in this company, so my views may be biased. Please use your own discretion before investing.
| Subscribe To Our Free Newsletter |
