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Monday, August 12, 2024

2 biggest changes to UPI payments that RBI announced this week

The RBI announced changes to the UPI system, including raising the transaction limit for tax payments via UPI to ₹5 lakh. Another enhancement introduced a 'Delegated Payments' feature, allowing a primary user to authorize another to make transactions from their account. These changes aim to boost UPI adoption and ease tax payments.

from Times of India https://ift.tt/DCV7ZNL

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