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UPI limit is now 5 lakhs per day for big merchant payments

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Finance Mentor
abhishek012

Great news - UPI limit is now 5 lakhs per day for big merchant payments:

Recently, i saw this tweet -

You can do transactions using your UPI-linked RuPay Credit Card of up to ₹5 lakhs per day, except at small offline merchants where the maximum transaction limit is ₹1 lakh per day.

Tweet link - https://twitter.com/RuPay_npci/status/170739981...

rupayupi

Few weeks ago, i already shared 12 upcoming UPI feature and i told there "Limit enhancement up to Rs 5 Lakhs per transaction for UPI transactions" - https://www.desidime.com/discussions/upcoming-u...

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Finance Mentor Finance Mentor
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Now people shall buy bikes easily by scanning QR in one go... but rewards would be capped/limited/nil...

Helpful Helpful
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Cred be like Rs. 3 cash back on 5 Lakhs transaction.
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Finance Mentor Finance Mentor
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Now people shall buy bikes easily by scanning QR in one go... but rewards would be capped/limited/nil...

Helpful Helpful
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Cred be like Rs. 3 cash back on 5 Lakhs transaction.
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Pro Entertainer Pro Entertainer
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For individual it is 1 or 2 lakh?

Deal Newbie Deal Newbie
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Scyle

Deal Newbie Deal Newbie
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Screenshot20231003-112027

Generous Generous
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Offtopic.. Amazon reduced wallet limit? I can transfer only 1 lakh after it getting fail.. if someone can confirm

Finance Mentor Finance Mentor
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Yes, monthly 1  lakh limit.
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