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Tag: unified payments interface

What are the UPI payment limits for different banks? Factors that influence maximum transfer amounts – CNBC TV18

[ad_1] The Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). The UPI is the backbone of digital transactions and one of the most popular payment methods in India. It enables instant payments from bank accounts to merchants and individuals. It empowers seamless transactions that offer […]

UPI changes in 2024: From increased transaction limits to new features – CNBC TV18

[ad_1] SUMMARY In 2024, several important updates were introduced to India’s Unified Payments Interface (UPI), aimed at improving transaction efficiency and accessibility. These changes range from higher transaction limits to new features designed to simplify the payment process. By Anshul   December 20, 2024, 5:34:15 PM IST (Published) 1 / 5 Automatic UPI Lite wallet top-up […]

super.money launches new fixed deposit offering UPI payments with rates up to 9.5% – CNBC TV18

[ad_1] Flipkart-owned fintech company super.money has launched ‘superFD’,  a new fixed deposit (FD) product that offers Unified Payments Interface (UPI) payments and provides interest rates up to 9.5%. “With superFD, super.money has launched its first investment product for all of its 7 million users,” the company said in a statement. Features of superFD With […]

UPI Lite auto top-up feature and new limits: How November’s update will simplify small payments – CNBC TV18

[ad_1] Starting November 1, 2024, managing your UPI Lite balance will get easier with a new auto top-up feature. This upgrade, introduced by the National Payments Corporation of India (NPCI), will automatically reload your UPI Lite account whenever the balance drops below a specified threshold, ensuring a seamless payment experience. Additionally, the Reserve Bank of […]

UPI transaction limit increased to ₹5 lakh for these payments from today – CNBC TV18

[ad_1] Starting September 16, taxpayers in India will benefit from a change in the Unified Payments Interface (UPI) system. The National Payments Corporation of India (NPCI) has announced an increase in the UPI transaction limit for tax payments, raising it from ₹1 lakh to ₹5 lakh per transaction. This update follows an NPCI circular dated […]

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