New Delhi, Sep 11
The National Payments Corporation of India (NPCI) on Thursday announced a major revision in Unified Payments Interface (UPI) limits for Person-to-Merchant (P2M) transactions, effective September 15.
The move is aimed at making high-value digital payments easier and more convenient for users while ensuring strong security measures.
The travel sector has also received a significant boost, with the transaction cap rising from Rs 1 lakh to Rs 5 lakh, along with a daily limit of Rs 10 lakh.
NPCI said these changes will make UPI more useful for high-value payments across critical sectors, encouraging wider adoption of digital transactions in India.