RBI says no OTP authentication needed for UPI auto payments for mutual fund, insurance, credit card payments up to Rs 1 lakh

As per the announcement, the service can be used for buying mutual funds via systematic investment plans (SIP), paying insurance premiums, and making credit card payments, among others.

Related Keywords

India ,Shaktikanta Das ,Mandar Agashe ,Mahesh Shukla ,Bank Innovation Hub ,Reserve Bank ,Reserve Bank Innovation Hub , ,