The Reserve Bank of India (RBI) has increased the transaction limit for UPI Lite to Rs 500 from Rs 200. This is a welcome move for users of UPI Lite, as it will make it easier for them to make small payments without having to enter a PIN.
In a milestone movement, India and France have agreed to use Unified Payments Interface (UPI) in the European nation. Watch this Visual Story to take a look at all the other countries where India s UPI system has been adopted.