{"id":865038,"date":"2024-10-10T09:15:53","date_gmt":"2024-10-10T03:45:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=865038"},"modified":"2024-10-10T09:15:53","modified_gmt":"2024-10-10T03:45:53","slug":"upi-lite-wallet-limit-hiked","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/10\/upi-lite-wallet-limit-hiked\/","title":{"rendered":"UPI Lite wallet limit hiked"},"content":{"rendered":"<p>In order to encourage wider adoption of UPI payments, the Reserve Bank of India has decided to increase the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000 from Rs 2,000 and Rs 500 respectively. UPI Lite functions without utilizing a remitter bank\u2019s core banking systems in real-time, while providing adequate risk mitigation. <\/p>\n<p>Further, the RBI has also decided to enhance the per-transaction limit to Rs 10,000 in the case of UPI123 Pay from Rs 5,000. This facility is now available in 12 languages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to encourage wider adoption of UPI payments, the Reserve Bank of India has decided to increase the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000 from Rs 2,000 and Rs 500 respectively. UPI Lite functions without utilizing a remitter bank\u2019s core banking systems in real-time, while providing adequate risk mitigation. Further, the RBI has also decided to enhance the per-transaction limit to Rs 10,000 in the case of UPI123 Pay from Rs 5,000. This facility is now available in 12 languages.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-865038","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/865038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=865038"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/865038\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=865038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=865038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=865038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}