The transaction limit for UPI payments has been raised from ₹1 lakh to ₹5 lakh, encouraging the adoption of the system for transactions involving hospitals and educational institutions
NPCI is encouraging banks, PSPs, and UPI applications to adjust their transaction limits specifically for certain types of businesses, aligning with this new update.
From 92 crore to 8,375 crore: Decoding the meteoric rise of UPI in India's digital payment landscape. Uncover the factors fueling this growth and its impact on the economy.