UPI transactions: Check all the latest limits that are now imposed on digital payments | Mint

UPI transactions: Check all the latest limits that are now imposed on digital payments | Mint

Source: Live Mint The Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Wednesday announced to raise the transaction limits of UPI 123 and UPI Lite, thus expanding the scope of UPI for an increasingly large number of people. While acknowledging that Unified Payments Interface (UPI) has transformed India’s financial landscape by making digital payments…

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RBI policy: What is UPI Lite that enables PIN-less offline digital payments? | Mint

RBI policy: What is UPI Lite that enables PIN-less offline digital payments? | Mint

Source: Live Mint Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world’s most popular alternative payments method, processing transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give…

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