UPI Circle: What is the new feature and how will it work for multiple users? Check top 5 points

UPI Circle: What is the new feature and how will it work for multiple users? Check top 5 points

The National Payments Corporation of India (NPCI) has yet again added a new feature to the Unified Payments Interface (UPI) platform. The new feature, UPI Circle-Delegate Payments, will help primary holders of UPI accounts to delegate transaction rights to secondary users. The main goal is to create a common platform that simplifies and enhances transactions … Read more

UPI's increased transfer limit for hospitals will be applicable from January 10: NPCI

UPI's increased transfer limit for hospitals will be applicable from January 10: NPCI

The National Payments Corporation of India (NPCI) has asked its members to comply with the Reserve Bank of India’s (RBI’s) decision to increase the UPI transaction limit to Rs 5 lakh for hospitals and educational services by January 10. The NPCI has instructed banks, payment service providers (PSPs), and UPI applications to increase transaction limits … Read more