Google Pay, PhonePe, Paytm, other UPI payment apps likely to impose transaction limit
Shortpedia
Content Team
Image Credit: india times
UPI payment apps like Google Pay, PhonePe, Paytm, and others may soon impose a limit on the transaction. Soon users may not be able to make unlimited payments via UPI payment apps. The National Payments Corporation of India (NPCI), which operates the UPI digital pipeline, is in discussions with the Reserve Bank about implementing its proposed December 31 deadline for limiting player volume to 30%.
