From December, many people will not be able to transact through UPI based payment apps like Google Pay, Phone Pay, Paytm. Their app will not work. If you also use these apps for all types of payments, big or small, then it is very important for you to know whether you fall in this category or not?

National Payments Corporation of India has asked payment apps to deactivate UPI IDs and numbers that have not been active for more than a year. According to the new guidelines, third party app providers and payment service providers will have to implement this work by December 31.

This means that before December 31, you must transfer money through UPI at least once from your payment app. People who use it regularly do not need to worry. Their Google Pay, Phone Pay, Paytm, WhatsApp Pay will all work as before.

Why action is being taken: There are a lot of complaints related to UPI. NPCI has received many complaints of wrong transactions. People change their mobile number but do not update UPI. Your old number gets allotted to someone else and UPI also remains active with the same number. In such a situation, if someone sends money on your UPI, it will go to the person to whom your old number is allotted. For this reason NPCI has to take these steps.

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If seen, people do many UPI transactions day by day, and small transactions are being done through UPI through transaction applications, there are well-known applications like Paytm, Phone pay, GPay, Amazon pay which people use most in mobile. More are used, so now a limit has been fixed on money transactions.

Unified Payments Interface (UPI – Unified Payments Interface) payment is being used a lot in India for the last several years, let us tell you that the limit of UPI Transaction Per Day has been ensured by NPCI- National Payments Corporation of India.

According to the National Payments Corporation of India, all users can make payment from UPI up to a maximum of 1 lakh in 1 day, after that users will have to wait for 24 hours to make another payment, and after 24 hours for users The limit is renewed, while this limit has been ensured differently by different banks.

2023 UPI Transaction Daily Limit.

Let us tell you that a new limit of Transaction has been issued by National Payments Corporation and now users can do 15 to 20 transactions in a day through UPI Application.

Let us tell you that if a user uses UPI for the first time, then he is given a transaction limit of 50,000 for the first time, while the daily transaction limit is ensured differently on different types of UPI applications.

Phone Pay Transaction Daily Limit.

Phone Pay gives its users a limit of 1 lakh transactions every day, as well as the maximum transaction depends on which bank account the user is transacting with.

Google Pay Transaction Daily Limit.

With Google Pay, you can transact only up to one lakh rupees per day, now whether this transaction is done once or in different processes.

Paytm Transaction Daily Limit.

Paytm gives a transaction limit of 20 thousand to its users in 1 hour, PayPaytm gives a minimum limit of 20 transactions to its users, while the maximum transaction limit is Rs 1 lakh.

Amazon Pay Transaction Daily Limit.

Like other UPI Transaction Application, Amazon Pay also gives its users a limit of one lakh transactions in 1 day.

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Even people have reduced the use of debit cards and credit cards. Perhaps you do not even know when you made the last time payment with debit card. For this reason, growing companies like MasterCard and Visa Card are also in tension because the transactions with their cards are decreasing. Due to which their income has also been affected. 

In such a situation, after linking debit cards and credit cards with UPI, people may promote credit cards. However, there will be a charge on this. But if you have a card of a particular network, then you will be able to pay up to Rs 2 thousand without any charge. Now we are telling how you will be able to link credit and debit cards in your wallet. 

How to link credit card on PhonePe ( PhonePe upi link Credit Card)  

1. Go to PhonePe and click on your profile picture. 
2. Go to the View All Payment Methods option.
3. Tap on ADD CARD under Credit/Debit Cards.
4. Enter your card details and tap on Add option.
5. Enter the OTP and submit it.

Link credit card on Google Pay like this ( Google Pay upi Link Credit Card)  

1. Open Google Pay and go to your profile.
2. Select the option to select a credit card by tapping Pay Businesses or set up payment methods.
3. After processing you have to scan your card. You can also enter your details manually. 
4. Enter the expiry date and CCV and save it.
5. After reading the terms, click on More and then Accept & Continue. 
6. You will get OTP on the registered mobile number, after entering which the process will be completed.

How to do this linking on Paytm (Paytm UPI link Credit Card Link)

1. Go to the Paytm app and click on your profile picture. 
2. Go to the payment settings and click on the Saved Cards option. After that tap on Add New Card.
3. Paytm will deduct Rs 2 from your card for this and then refund it in the next two days. 
4. On processing you will be asked for card details. After selecting ‘save card as per latest RBI guildelines’, pay Rs.
5. Then complete the process by entering OTP. 

How to use credit card on UPI  

PhonePe

Scan the merchant’s QR code by going to the app. Enter the amount. Select your credit card and enter CVV. Further process will be automatic. If you want to stop the payment here, you have to select the tap and hold option to stop the OTP from being sent

Google Pay

Go to App. Enter the amount here, select the card and make the payment. For this you will get OTP, enter it then you will get payment confirmation. 

Paytm

1. Go to Paytm Wallet visible in My Paytm.
2. Enter the amount and add it to the wallet.
3. Pay by entering your credit card and CVV details.

No charge up to Rs 2000 

NPCI has refused to charge merchant concessional rate (MDR) on RuPay credit cards up to Rs 2000, that is, if you have a RuPay credit card, then you can pay up to Rs 2 thousand without any extra charge. . 

The post Credit Card UPI Payment: Good News! Use credit card like this on Phone Pay, Google Pay, will not charge up to Rs 2000 first appeared on Rightsofemployees.com.