UPI Lite was introduced as part of the framework issued by RBI for facilitating small value digital payments in offline mode ...

For UPI123Pay, which was launched in March 2022, the RBI has enhanced the per-transaction limit to Rs 10,000 from Rs 5,000 ...

Currently, UPI (Unified Payments Interface) and IMPS (Immediate Payment Service) allow users to view the recipient's name ...

The RBI has doubled the UPI123Pay transaction limit to Rs 10,000 and increased the UPI Lite wallet limit to Rs 5,000.

Having brought in over 400 million users into the digital payments fold in just about eight years, the ubiquitous Unified Payments Interface (UPI) now seems poised to stamp a global footprint.

The decision to increase these limits is part of the RBI's strategy to make UPI more inclusive and accessible.

A Caribbean country is currently setting up a system similar to India’s Unified Payments Interface (UPI) in its financial ...

In a bid to boost digital transactions and financial inclusion in the country the Reserve Bank of India RBI has announced an increase in transaction limits f ...

RBI enables account holder transfers for verification, increases UPI Lite wallet limit to ₹5,000, enhancing digital payment ...

For UPI 123Pay, the per-transaction limit has been raised to Rs 10,000 and UPI Lite users can now conduct up to Rs 1,000 ...

RBI increases UPI transaction limits for feature phone users to Rs 10,000, enhancing accessibility and convenience for all.