December 11 , 2024
15 hrs 0 min
45
- RBI has enhanced the transaction threshold for offline digital payments made via UPI Lite.
- The per-transaction UPI Lite ceiling has been increased from Rs 500 to Rs 1,000.
- The total wallet capacity for the UPI Lite has been expanded from Rs 2,000 to Rs 5,000.
- The per-transaction limit in UPI123Pay increased from Rs 5,000 to Rs 10,000.
- The UPI Lite enables users to complete low-value purchases without requiring internet connectivity.
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