NPCI

RBI Declared ₹500 Transaction Without Pin Limit Via UPI Lite from ₹200

RBI Declared ₹500 Transaction Without Pin Limit Via UPI Lite from ₹200 on Thursday

Recently, RBI governor Shaktikanta Das announced that now users can transact an amount upto 500 rupees instead of the previous 200 rupees without UPI pin for easy transaction via UPI Lite wallet. UPI Lite is an on-device wallet, which means it allows users to navigate the payments via the digital payment wallet. The RBI governor …

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UPI Transactions

Customers Won’t be Charged for UPI Transactions, According to NPCI

The National Payments Corporation of India (NPCI), on march 28, 2023 has declared that all Unified Payments Interface or UPI transactions which is over Rs. 2,000 shall be liable to get charged of a fee of 1% on the payments. This process is decided to start from April 1, 2023. This decision was taken by …

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