New Delhi, June 4 -- Kotak Mahindra Bank has introduced the Kotak UPI RuPay Virtual Credit Card, a new transformational digital payment solution. It is designed to primarily streamline credit card usage in the county through the unified payments interface (UPI) system.

This crucial development aligns well with the Reserve Bank of India's (RBI) ongoing push to boost and expand digital payment infrastructure and further improve the comfort and convenience of credit based transactions for Indian credit card users and consumers.

The Kotak UPI RuPay Virtual Credit Card is simply a lifetime free offering. It is available exclusively in a virtual format. It has no physical cards issued. This allows users to link their credit cards directly wit...