UPI limit: Daily UPI transaction limit on Google Pay, PhonePe, Paytm and Amazon Pay
As per National Payments Corporation of India (NPCI), a user can only transfer up to Rs 1 lakh via UPI in a day.
Source: dnaindia.com
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Google Pay, PhonePe, Paytm and other UPI apps may impose transaction limit soon
NPCI is expected to make a decision on UPI market cap implementation by the end of this month.
Source: dnaindia.com
Contactless limit could jump to £100, and it's good news for Apple Pay
Tap-to-pay options baked into smartphones and smartwatches, like Apple Pay on iOS, Google Pay and Samsung Pay on Android, verify your identity using fingerprint and face scanners – making them more secure than contactless cards. As a result, manufacturers like Apple and Google don’t impose a strict limit on the amount of money that can be paid wirelessly. So, you can use in-app and online payments with Apple Pay to purchase goodies with a three-figure price tag, for example. This is also true for a number of high street stores. However, some shops impose the same restrictions on Apple Pay...
Source: express.co.uk