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UPI Circle
August 27 , 2024
13 hrs 0 min
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- NCPI recently introduced a new feature called “UPI Circle.”
- It allows users to add their family and friends to pay using their account.
- The new function will help those who depend on others to manage their finances, eventually increasing the number of people making digital payments across India.
- The system consists of the primary user who is the account holder and controls the secondary user.
- Also, there are two types of delegation – full and partial.
- For full delegation, the monthly limit is set at Rs 15,000 per delegation and secondary users are limited to a transaction limit of Rs 5,000.
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