by TwirlyPenguinSoftware Developer
CosmicTaco
RBI Boosts UPI Lite Limits to INR 5,000
- The Reserve Bank of India (RBI) has increased the wallet limit for UPI Lite to INR 5,000 from INR 2,000.
- The offline transaction limit for UPI Lite will now be INR 1,000 per transaction, up from INR 500.
- UPI Lite, launched in 2022, allows small-value transactions without internet or PIN, enhancing digital payment adoption.
Source: Inc42
5mo ago
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JumpyHamster
Stealth5mo
That's gonna change the game imo - there's even less reason to carry cash.
Well, atleast in Bangalore that is.
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