CARD91 launches framework for Credit Line on UPI

CARD91, a payments infrastructure company, has introduced its Credit Lifecycle Consistency Framework. This five-point industry framework is designed to assist banks in assessing operational readiness for Credit Line on UPI (CLOU).

The framework aims to ensure that credit limits, outstanding balances, and customer records remain accurate throughout various lifecycle events, including payments, refunds, reversals, repayments, and EMI conversions. This initiative follows the Reserve Bank of India’s Fourth Amendment Directions on Credit Facilities, which clarified that the treatment of UPI-linked credit must be based on the nature of the underlying credit facility rather than the technology used.

As the UPI network continues to scale, having processed 2,365.8 crore transactions worth ₹29.87 lakh crore in July 2026, CARD91 CEO Ajay Pandey emphasized that consistency in credit treatment is essential for maintaining customer trust in credit products.