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RBI plans to revise transaction limits for Person-to-Merchant (P2M) payments on UPI, while keeping Person-to-Person (P2P) ...

While UPI has become a dominant player in most segments, other modes are preferred for payments related to education and the ...

Rapid technology innovation that has enabled these devices to process all forms of payments from cards and buy-now-pay-later ...

Singara Chennai travel card offers cashless travel on MTC buses and Metro trains, but faces operational challenges.

The RBI Governor said that banks will retain the authority to impose their own internal thresholds within the outer limits ...

RBI allows NPCI to revise UPI transaction limits for merchants and expands co-lending framework, welcomed by industry experts ...

RBI asks NPCI to review and revise UPI transaction limits to cater to evolving user needs and business requirements.

The Reserve Bank of India (RBI) today allowed the National Payments Corporation of India (NPCI) to revise transaction limits ...

At present, the transaction amount for UPI, covering both Person to Person (P2P) and Person to Merchant payments (P2M), is ...

Currently, the UPI transaction cap for both person-to-person (P2P) and P2M payments stands at Rs 1 lakh, with exceptions of up to Rs 5 lakh for categories like education and healthcare. The RBI’s move ...

The Reserve Bank of India (RBI) has permitted the National Payments Corporation of India (NPCI) to adjust the transaction ...