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UPI New rules - now you can make only 20 payments of amount less than Rs10 in a 30 day period

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Finance Ninja
abhishek012

UPI New rules – now you can make only 20 payments of amount less than Rs10 in a 30 day period or Attempt to do more than 60 transactions within a month

Condition 1 - now you can make only 20 payments of amount less than Rs10 in a 30 day period

Condition 2 - Attempt to do more than 60 transactions within a month

if your transaction failed then send money Rs11 or more

Note: Different banks have different transaction limits. For more details, please reach out to your bank UPI transaction failing for this reason.

https://cdn0.desidime.com/attachments/photos/640667/medium/69686737zAk1YK.jpg?1601611851

https://cdn0.desidime.com/attachments/photos/640686/medium/6969690lYSAOgV.jpg?1601619423

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Deal Lieutenant Deal Lieutenant
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nice initiative as the UPI system was overloaded with the useless 1 rs, 2 rs transactions for getting 1rs 2 rs back..
how easily a system can be overloaded with these crooked promotions… sunglasses

Deal Lieutenant Deal Lieutenant
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nice initiative as the UPI system was overloaded with the useless 1 rs, 2 rs transactions for getting 1rs 2 rs back..
how easily a system can be overloaded with these crooked promotions… sunglasses

Deal Cadet Deal Cadet
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not a big deal. people will now send 11 rs instead of sending 1rs laughing

Deal Subedar Deal Subedar
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@abhishek012

I tried making payment of 20 via upi. The shopkeeper denied, saying they accept minimum 150 or so, quoting that his bank statement looks cluttered with all 10 rupees 20 rupees and he is feeling ashamed infront of his auditor when auditor points that his business is earning only 10s and 20s.

Finance Mentor Finance Mentor
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@dev007

He need to shift to daily settlement instead of individual transaction settlement in phonepe business a/c Or gpay business a/c.but these people opt for instant settlement of funds as these people don't trust these apps. 

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Shopping Friend Shopping Friend
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Now it’s understandable why so many people were facing UPI issues since last few days like txn failed/declined and all because they had already done 20+ txns of ₹10 in September month

It should be resolved for now!

Thanks for this information.

Ha + ga + kg 😏

Shopping Friend Shopping Friend
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10 RS+ transactions (P2P only) also not working in PNB from 29th September.

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Shopping Friend Shopping Friend
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Waah, aur kya kya hoga? CBDT ne charges hataya toh yeh naya kuch aagaya. imp

Pro Deal Legend Pro Deal Legend
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From yesterday my all transactions failed Now Working Thanks
Now We Are Unable to Add Rs 1 For Amazon UPI add Money Offer.
And No One Add more than One

Deal Cadet Deal Cadet
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Finally,Amazon added 1 more new rule in upi… smile smile

Deal Cadet Deal Cadet
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amazon scan and pay and send offer removed this month? didnt get any cashback

Deal Newbie Deal Newbie
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Same here

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Deal Lieutenant Deal Lieutenant
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nice initiative as the UPI system was overloaded with the useless 1 rs, 2 rs transactions for getting 1rs 2 rs back..
how easily a system can be overloaded with these crooked promotions… sunglasses

Deal Cadet Deal Cadet
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not a big deal. people will now send 11 rs instead of sending 1rs laughing

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Generous Generous
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Only p2p or all payments?

Generous Generous
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What abt the error in az app that many people are facing
Your transaction is declined by the beneficiary bank
Even i tried with higher amts too

Finance Ninja Finance Ninja
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dnt know yet, i think some upgrade going on.

UPI now also enter into B2B segment and few new features coming soon.

Benevolent Benevolent
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Why so complicated tnc?
rolleyes

Community Angel Community Angel
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.

Dimer of The Year 2021 Dimer of The Year 2021
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Good post bro, solved confusion of many plus1

Helpful Helpful
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EDIT

Deal Captain Deal Captain
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How do u get this information, any source

Deal Cadet Deal Cadet
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think for a minute, branch managers of all banks sees 1 rs txn upi daily in all passbooks & scratches their head n thinks….. WHY ?? HACKING ?? CYBER ATTACK ???

Tech Guru Tech Guru
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they real fun is when someone wants their bank statement / passbook update in physical form smile

Finance Ninja Finance Ninja
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2 new UPI conditions -

Condition 1 - now you can make only 20 payments of amount less than Rs10 in a 30 day period

Condition 2 - Attempt to do more than 60 transactions within a month

Note: Different banks have different transaction limits. For more details, please reach out to your bank UPI transaction failing for this reason.

Deal Captain Deal Captain
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Please add link or source of the information you post, for people to know its legitimate.

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Budding Star Budding Star
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Thanks for information bro vu

Finance Ninja Finance Ninja
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another Update -

Amazon now change Amazon Pay UPI T&C -

Attempt to do more than 100 Scan + Send Money transactions within a month

https://cdn0.desidime.com/attachments/photos/640889/medium/1201664ywi5sFq.jpg?1601705992

Update -

Just saw in Twitter -

Paytm replied – Note that you can only undertake a maximum of 100 successful UPI transactions from the same bank account within a period of 30 days. This limit is imposed by the National Payments Corporation of India (NPCI) in order to avoid any fraudulent activity from your account.

https://cdn0.desidime.com/attachments/photos/640888/medium/1201664ug0eoNe.jpg?1601705468

I think monthly 100 UPI transaction limit is per UPI apps linked per bank account

Finance Ninja Finance Ninja
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NEW UPDATE – 100 successful UPI transactions limit is only for P2P (send money) transaction, no restriction on P2M (merchant UPI transaction or Merchant registered scan & Pay UPI transaction).

Deal Cadet Deal Cadet
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baby
Deal Newbie Deal Newbie
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No man it’s pure exploitation I mean they can’t force us na to use other upi apps this new rule sucks and We must resist this new rule, 😡this govt. Sucks next time toh inko vote nahi mille ga, haare ge yeh log
.

Finance Ninja Finance Ninja
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LOL, yehi Govt UPI laya ha.

Congress aayega toh UPI transaction pe charges laga dega, former RBI Governor (jo congress supporter ha) ka kahena ha ki Digital transaction me atleast Rs5 per transaction lena chahiye taki log jada se jada digital transaction kare.

recently ek congress k minister ne bola ki jada se jada cash ka use karo.

congress 100% digital transaction pe charges lagayega taki log cash ka use kar paye aur congress again apne scams.

Deal Newbie Deal Newbie
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matlab 30din 20 bar payment kar sakte hai

Deal Cadet Deal Cadet
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Limit is not applicable on the buisness transaction, such as customer to buisness owner. So you can buy Cadbury of Rs 5 from shop using UPI , unlimited times.

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Deal Newbie Deal Newbie
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