The future of credit lies in technology: How credit line on UPI will supercharge inclusion in India

In the evolving landscape of India’s digital economy, few innovations have made as profound an impact as the Unified Payments Interface (UPI). From facilitating over 16.5 billion transactions monthly to becoming the backbone of real-time payments, UPI has transformed the way India conducts financial transactions. However, its potential to revolutionise credit access is only beginning to unfold. Enter Credit Line on UPI (CL on UPI)— a game-changer that will democratise credit access, mitigate systemic risks, and empower both banks and customers alike.