UPI rule changes: Increased limits for UPI Lite transactions, wallets; check key changes

UPI rule changes: Increased limits for UPI Lite transactions, wallets; check key changes

UPI Lite transaction limit: The Reserve Bank of India (RBI) has increased the transaction limit for offline digital payments via UPI Lite. This change is expected to benefit a wide range of individuals, particularly those residing in regions with limited internet connectivity.  Offline UPI Lite transactions do not require entry of a UPI PIN, making them … Read more