The transaction limit for UPI payments has been raised from ₹1 lakh to ₹5 lakh, encouraging the adoption of the system for transactions involving hospitals and educational institutions
Users of any UPI app, including Google Pay, PhonePe, Paytm, or any other app, need to ensure that their ID has not been left unused for more than a year
The National Payments Corporation (NPCI) has instructed payment applications to disable inactive UPI IDs by December 31 to prevent inadvertent fund transfers.
Major UPI payment apps, including Google Pay, Paytm and PhonePe, have been affected by these instructions, , National Payments Corporation of India (NPCI), UPI ID, deactivation