💨 Abstract
The Reserve Bank of India (RBI) has increased transaction limits for Unified Payments Interface (UPI) services, particularly for users of keypad mobile phones. The per-transaction limit for UPI123Pay, a service that allows UPI payments without internet, has been raised from Rs 5,000 to Rs 10,000. UPI Lite wallet and transaction limits have also been increased.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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