One day there are continuous changes in UPI. If you are also from the business field and do big transactions at a time, then UPI has made your work easy, because now UPI has increased the payment limit.
Let us know that the National Payment Corporation of India (NPCI) has been owned by the Reserve Bank of India (RBI) and the Indian Bank of India (IBA), which has now increased the limit of paying daily in your UPI. But for this it is important to know how much can be paid from UPI.
UPI payment limit increased
Earlier you often had to face the limit while paying from UPI, so that no one could make big payments. But now UPI has increased its daily payment limit to make it easier. Now you can pay up to Rs 5,00,000 at a time, as well as you will be able to pay up to Rs 10,00,000 to invest in the market.
Not only this, if you buy jewelery, you will be able to pay up to Rs 2,00,000 at a time and you can pay up to Rs 6,00,000 in a day. On the other hand, if you talk about business, then up to Rs 5,00,000 can be paid at a time, and if you open a new digital account, then you can pay up to Rs 5,00,000 from UPI.
International Money Exchange
Not only this, recently NPCI has partnered with PayPal, so that you can also pay outside India. Now you can do P2P transactions in INR with the help of UPI. With this policy of UPI, you can now do completely digitally transactions.