Do you use a RuPay credit card with UPI?
How often does your credit card bill exceed your expectations?
Are you spending more because of your credit card?
I just want to understand whether this could become another potential debt trap for Indians
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Royal Computers
Hey I am on Medial • 11m
Yes, u r right Bcz UPI payment is like shopping at Mall for a Coke but we fill the bucket of so many unwanted items & easy pay by UPI every time. It increases the credit card debts ver fast. Agreed
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Hawk
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Medial • 8m
Finance Tips - 101
- Disable Tap 2 Pay on your new wireless cards unless you have a RFID protected wallet
- UPI payments are a trap especially if you link it to your Credit Card (Easy money/payments = over spending)
- Never use quick money dispersin
𝗜𝗻 𝗜𝗻𝗱𝗶𝗮, 𝗪𝗵𝗼𝗲𝘃𝗲𝗿 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 — 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴.
𝐇𝐞𝐫𝐞’𝐬 𝐭𝐡𝐞 𝐬𝐞𝐜𝐫𝐞𝐭 𝐧𝐨𝐛𝐨𝐝𝐲 𝐭𝐞𝐥𝐥𝐬 𝐲𝐨𝐮:
In India, 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬 is not just a feature.
It’s a 𝐠𝐚𝐭𝐞𝐰𝐚𝐲 to b
