UPI 123 Pay: RBI extends transaction limits- Here are key changes

On October 9, the Reserve Bank of India (RBI) increased the transaction limit for UPI 123Pay from Rs 5,000 to Rs 10,000. Following this, the National Payments Corporation of India (NPCI) issued a circular instructing banks and service providers to ensure compliance with the updated limits.

What is UPI 123Pay?

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