UPI users looking for greater flexibility in managing their daily payments now have a new option. BharatPe and YES Bank have launched BharatPe Flex, a credit-on-UPI facility that allows eligible customers to make payments through UPI even when they may not have sufficient funds in their bank account at that moment. While the interest-free credit facility provides up to 45 days of interest-free usage, users can spend daily and repay monthly either in full or via flexible 3–12 month equated monthly instalments (EMIs).
The product combines the convenience of UPI with access to a pre-approved credit line, enabling users to pay now and settle their dues later.
