New Delhi: You can pay larger amounts that before through UPI, starting Monday.

The National Payments Corporation of India (NPCI) has announced an increase in Unified Payments Interface (UPI) transaction limits for several categories. This will allow individuals and businesses to make larger payments in areas such as insurance premiums, capital markets, credit card bills, travel, and government-related transactions. ADVERTISEMENT

Under the new framework, the per-transaction limit for categories aligned with tax payments and other high-value transactions has been raised to Rs 5 lakh, while the daily aggregate limit for most of these categories has been increased up to Rs 10 lakh, depending on the category. This will support the growing use of UPI by people as a preferred payment method a

See Full Page