Upcoming UPI feature coming soon

143°
Finance Ninja
abhishek012

Upcoming UPI feature coming soon:

1) Digi-locker based UPI Onboarding

2) Alternate device binding solution like silent mobile verification etc

3) UPI Autopay from 15k to higher limits

4) Issuance of P2P e-RUPI voucher, allowing non-bank PPIs to issue e-RUPI vouchers.

5) Enablement of conversational payments in UPI

6) Enablement of Digital Payment Score in UPI

7) Limit enhancement up to Rs 5 Lakhs per transaction for UPI transactions

8) Passing accurate payer and payee geo-code and location in every UPI transaction subject to regulatory approvals.

9) Implementation of contextual payments across UPI

10) TPAP approach for Large Indian Conglomerates to further extend UPI services to their subsidiaries and group companies

11) Delegate Payments model on UPI

12) UPI Global Acceptance limit shall be at par with that of the UPI transaction limits.

Sorry RBI governor, Kuch chize time se pahele public domain me bata dene k liye. 😜😜

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Benevolent Benevolent
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First they should mandate banks to allow custom UPI IDs and ability to de-register UPI IDs. 

Deal Cadet Deal Cadet
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I am awaiting amazon cc UPI link

Benevolent Benevolent
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han jaise RBI governor tumko follow krta hai DD pe
Generous Generous
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Digilocker based UPI onboarding is coming into picture and I'm still struggling with UPI onboarding via Aadhaar OTP

For Bandhan Bank, I seeded my bank account with Aadhaar for DBT and still I get error message whenever I try to set UPI PIN via Aadhaar 😓

Deal Cadet Deal Cadet
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romilq wrote:

First they should mandate banks to allow custom UPI IDs and ability to de-register UPI IDs. 

Good apps already do like BHIM, a$$holes don't like ICICI.
Helpful Helpful
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@abhishek012 bro itna sab de rahe ho..wo bhi free me ?
UPI free hi rahega na ? wo bhi batado abhi se.. sweat_smile 
Deal Cadet Deal Cadet
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8) Passing accurate payer and payee geo-code and location in every UPI transaction subject to regulatory approvals.

this means location permission will  become mandatory. and without enabling gps cant transact
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