September 15, 2025 5:34 PM
UPI users can now make high-value transactions up to ₹10 lakh per day
The National Payments Corporation of India (NPCI) has revised the transaction limits on the Unified Payments Interface (UPI), allowing users to carry out higher value Person-to-Merchant (P2M) payments. From Monday, users can make transactions of up to ₹10 lakh per day in specified categories with verified merchants. According to a circular issued by NPCI last month, the per-transaction cap for P2M payments has been raised to ₹5 lakh, while the daily aggregate limit has been enhanced to ₹1...