RBI raises UPI transaction limit for hospitals, educational institutions to Rs. 5 lakh

Dec 08, 2023, at 05:44 pm

New Delhi/IBNS/UNI: In a significant step, the Reserve Bank of India (RBI) on Friday announced the raise of the Unified Payments Interface (UPI) transaction limit for hospitals and educational institutions to Rs. 5 lakh, media reports said.

NPCI extends 30 pc UPI volume cap deadline for payment firms by 1 yr

Dec 03, 2022, at 04:45 am

New Delhi/IBNS: The National Payments Corporation of India (NPCI) has extended the deadline for Unified Payments Interface (UPI) players to comply with a market cap of 30 percent by two years to December 31, 2024.

No plan to levy charges for UPI fund transfers, says Union Finance Ministry

Aug 22, 2022, at 03:43 am

New Delhi: The Finance Ministry on Sunday said that the government has no plans to levy any charges for UPI (Unified Payments Interface) transactions.

UPI transactions have moved up 70 times in last 4 years: Report

Nov 16, 2021, at 03:35 am

New Delhi/UNI: UPI transactions in the country have jumped 70 times in the past four years, a report said on Monday.