UPI Circle launched on Bhim app: how it works and key benefits

NPCI BHIM Services Limited (NBSL) has launched a new feature on the BHIM app that allows users to securely delegate payment access for Unified Payments Interface (UPI) to up to five “trusted individuals”, with each transaction requiring real-time approval from the account holder.

UPI Circle’s launch comes at a time when the digital payments service is expanding steadily. UPI in April recorded 18.3 billion transactions amounting Rs 24.77 trillion, a 13.6 per cent jump in volume and a 12.8 per cent rise in value compared to March, according to NPCI data.