Economy, Banking and Finance · 20 March 2026

Scapia Launches Scapia Pay for RuPay Credit Card Unified Payments Interface (UPI) Payments

Exam-focused facts from the 20 March 2026 current affairs briefing.

Key facts

  • Scapia has launched Scapia Pay, an in-app UPI service for rewards with co-branded RuPay credit cards.
  • The service allows users to link Scapia Federal RuPay and Scapia BOBCARD RuPay credit cards for instant UPI payments and rewards.
  • The platform provides features including a custom UPI ID, first-time payment alerts, high-value transaction notifications, and consolidated spend tracking.
  • The Unified Payments Interface (UPI) in India processed approximately 20 billion transactions in February 2026.
  • The 2026 Spring Release includes two-click credit card bill payments via the Bharat Bill Payment System (BBPS).
  • Scapia partners with Federal Bank and BOBCARD to provide co-branded credit cards for domestic and international use.
  • The platform has expanded to include flights, buses, trains, stays, visas, experiences, international airport privileges, and financial services.