Soon, pay up to ₹1K without entering PIN on UPI Lite
Business Standard|October 10, 2024
The Reserve Bank of India (RBI) on Wednesday enhanced transaction limits for UPI123Pay and UPI Lite to encourage wider adoption of these UPI products.
AJINKYA KAWALE
Soon, pay up to ₹1K without entering PIN on UPI Lite

Now, customers using UPI123Pay, which provides UPI functionality on feature phones, will have a per-transaction limit of ₹10,000, up from the previous cap of ₹5,000.

Additionally, the RBI has increased the UPI Lite wallet limits, raising the per-transaction cap from ₹500 to ₹1,000 and the overall wallet limit from ₹2,000 to ₹5,000.

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Bu hikaye Business Standard dergisinin October 10, 2024 sayısından alınmıştır.

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