BL Explainer. Credit on UPI – Can you get credit against your UPI account?

‘Credit on UPI’ seems to be the new buzzword in the fintech space, bringing together conversations surrounding both payments and digital lending. Digital lenders have been actively using UPI railroads for data collection and customer access, with the aim of converting them to digital borrowers. The introduction of credit on UPI integrates credit into the UPI ecosystem, thus making payments an organic distribution channel of easy and ready credit access. Businessline dives deeper into what it means for the system and users of UPI.