UPI limit is now 5 lakhs per day for big merchant payments

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Finance Ninja
abhishek012

Great news - UPI limit is now 5 lakhs per day for big merchant payments:

Recently, i saw this tweet -

You can do transactions using your UPI-linked RuPay Credit Card of up to ₹5 lakhs per day, except at small offline merchants where the maximum transaction limit is ₹1 lakh per day.

Tweet link - https://twitter.com/RuPay_npci/status/170739981...

rupayupi

Few weeks ago, i already shared 12 upcoming UPI feature and i told there "Limit enhancement up to Rs 5 Lakhs per transaction for UPI transactions" - https://www.desidime.com/discussions/upcoming-u...

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Agnivo007 wrote:

Now people shall buy bikes easily by scanning QR in one go... but rewards would be capped/limited/nil...

Cred be like Rs. 3 cash back on 5 Lakhs transaction.
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Now people shall buy bikes easily by scanning QR in one go... but rewards would be capped/limited/nil...

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Agnivo007 wrote:

Now people shall buy bikes easily by scanning QR in one go... but rewards would be capped/limited/nil...

Cred be like Rs. 3 cash back on 5 Lakhs transaction.
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Chiggy_Wiggy_Buoy wrote:
Cred be like Rs. 3 cash back on 5 Lakhs transaction.

Paytm entered the chat and gave 3 points instead of 3 rupees..

Deal Cadet Deal Cadet
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Chiggy_Wiggy_Buoy wrote:
Cred be like Rs. 3 cash back on 5 Lakhs transaction.
I once made 2.5L CC payment via dc on cred. Got 2/- stopped using and uninstalled.
Pro Shopping Friend Pro Shopping Friend
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For individual it is 1 or 2 lakh?

Finance Mentor Finance Mentor
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Tekk wrote:

Paytm entered the chat and gave 3 points instead of 3 rupees..

The server conked off and everyone lost connection forever...
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try_me wrote:
I once made 2.5L CC payment via dc on cred. Got 2/- stopped using and uninstalled.
I also don't use it for payments, But for cc on time payments it is good.
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Tekk wrote:

Paytm entered the chat and gave 3 points instead of 3 rupees..

Haha, ye sahi tha bhidu joy joy
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Tekk wrote:

Paytm entered the chat and gave 3 points instead of 3 rupees..

Damn... sometimes got 3 or 5 paytm points...  What the!

Generous Generous
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Offtopic.. Amazon reduced wallet limit? I can transfer only 1 lakh after it getting fail.. if someone can confirm

Finance Ninja Finance Ninja
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Sidhi.Baat.No.Bakwas wrote:

Offtopic.. Amazon reduced wallet limit? I can transfer only 1 lakh after it getting fail.. if someone can confirm

Yes, monthly 1  lakh limit.
Generous Generous
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abhishek012 wrote:
Yes, monthly 1  lakh limit.
Isn't it was 5 lakh? Seems it's daily 1 lakh limit.. didn't count but today I was bale to do.. should be morebthan 1 lakh total by this month
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