Is UPI better than credit card?

Neither UPI nor credit cards are universally better; the choice depends on the user's needs. Credit cards offer features like deferred payment, reward points, and the option to dispute fraudulent transactions (chargeback), making them suitable for big purchases and greater security. UPI, which Paytm supports, offers instant, real-time, and often fee-free digital payments for everyday transactions. UPI is generally preferred for hassle-free and smaller P2P/P2M transfers.