RBI ups the limit of UPI Lite to Rs 500, Conversational and offline NFC payments introduced

Thursday, 10 August 2023
Reserve Bank of India (RBI) on Monday announced three major changes coming to UPI. This includes the upraise of UPI lite limit for a single transaction, offline UPI transactions via NFC, and conversational transactions. UPI Lite now supports payments of up to Rs 500 RBI Governor Shaktikanta Das in a press release revealed that it’s […]

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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to Rs 500

newKerala.com on August 10, 2023

RBI ups the limit of UPI Lite to Rs 500, Conversational and offline NFC payments introduced

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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to Rs 500