These transactions have a daily cap of Rs 1 lakh, while in merchant category codes, up to Rs 2 lakh is permissible, contingent on the card s available credit limit, as per NPCI, , rupay, UPI India
UPI transaction volume, value jump 8% in Oct on festival spending thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
RBI is planning to introduce a lightweight payment and settlement system (LPSS) that can operate from anywhere with minimal staff. The LPSS will be activated on a need basis and will operate independently of existing payment systems, such as RTGS, NEFT, and UPI
'It is a promising budget' adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.