Income Tax UPI Payment: Earlier, the thought of filing income tax would often bring to mind banks, net banking, and the numerous hassles involved. But now, the picture has completely changed. The Income Tax Department has simplified the payment process so much that you can pay your tax in minutes using your own mobile phone, using your own UPI app, without visiting a bank or going through any lengthy procedures.

Why has paying taxes through UPI become easier?

Now, the Income Tax e-filing portal offers the option to make UPI payments directly from apps like Paytm, PhonePe, and Google Pay. The money is deducted directly from your bank account, and the challan is generated within seconds. This eliminates the need for long waits and extra setup.

How to make an income tax payment using UPI? Learn the step-by-step process

• Go to incometax.gov.in and log in with your PAN and password.
• Select the ‘e-Pay Tax’ option on the dashboard (you can do it without logging in, but logging in is preferable).
• Click on ‘New Payment’ and select the tax type (Advance/Self-Assessment, etc.).
• Select the correct Assessment Year and enter the amount you need to pay.
• Check and confirm the name and PAN.
• The portal will generate the invoice and display the available payment modes, from which select UPI mode.
• Note down or keep the QR code or the provided UPI ID on the screen.
• Open Paytm/PhonePe/Google Pay on your mobile and select ‘Scan & Pay’.
• Scan the QR code, verify the amount, and confirm the payment by entering the UPI PIN.
• Keep your phone open until the app displays ‘Payment successful.’ Go to the e-filing portal and check the ‘Payment history’ status; it usually changes to ‘Paid’ within 1–2 minutes.
• Then download your receipt/challan from ‘Payment history’ and save the CIN/UTR number (required for legal proof).
• If the portal shows ‘Pending’ after payment, wait 30–60 minutes and then refresh and check.
• If the money has been deducted from the bank statement but the challan has not been generated, raise a ticket or contact the bank/UPI support with the UTR.
• Failed UPI payments are usually reversed within some time; make the payment again only when the status is clear.

While making payments through UPI may seem like a lot of steps, it’s now much simpler than before. Overall, the income tax filing process is no longer as complicated as it once was. This new UPI payment option is a huge relief for individuals. Whether it’s advance tax or self-assessment, simply pick up your phone, scan a QR code, and complete your tax payment instantly.

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UPI Payment without PIN: If you frequently forget your UPI PIN, then there is no need to worry anymore. National Payments Corporation of India (NPCI) has introduced a new method of making payments. You will not need to enter the PIN to use this method.

Actually, National Payments Corporation of India (NPCI) introduced biometric verification for UPI payments at the Global Fintech Fest 2025 in Mumbai. After this facility is rolled out across the country, there will be no need to enter the PIN to make payments. Now users will be able to make payments just with fingerprint or face recognition. This feature is being implemented from today.

How will payments be made?

Until now, payments using UPI required entering a 4- or 6-digit secret code. However, now payments can be made using just your phone’s camera or fingerprint scanner. According to a Reuters report, this change will be made using biometric data stored in the country’s Aadhaar system. This means that when making payments, you’ll only need to authenticate with your fingerprint or facial recognition.

UPI Payments Will Be Faster

This feature will be a boon for those who struggle with remembering their PINs. The elderly, in particular, will benefit the most. According to sources, this feature will initially be available to select banks, and then gradually all users will be able to use it. In Digital India, everything depends on time. Therefore, this feature will save users a significant amount of time when making UPI payments.

Digital payments are projected to grow by 35 percent in fiscal year 2024-25, driven largely by women and consumers in smaller cities. “How Urban India Pays 2025,” a report by Kearney India and Amazon Pay, states that 89 percent of women prefer digital payment methods for online purchases, having previously relied primarily on cash.

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UPI Payment: A major step has been taken towards making digital payments easier and more secure in the country. Now, users transacting through the Unified Payments Interface (UPI) will no longer need to enter a PIN for payments. Instead, they will be able to approve their transactions using facial recognition or fingerprint. This new feature will come into effect from October 8. This move is in line with recent RBI guidelines that allow alternative authentication.

What are the details?

NPCI (which operates UPI) is going to showcase this feature at the Global Fintech Festival in Mumbai. This will make digital payments faster, safer, and more convenient. According to a report in the Economic Times, this new feature will authenticate payments using biometric data stored in the Indian government’s Aadhaar system. This means that a user’s face or fingerprint will be matched with their Aadhaar data, allowing payments to proceed.

New RBI Guidelines

This move is in line with recent guidelines from the Reserve Bank of India (RBI), which allowed alternative authentication methods for digital transactions. This is expected to improve both security and user experience in digital payments.

UPI Experience Will Be Easier

Currently, users are required to enter a 4- or 6-digit PIN for every UPI transaction. Once the new feature is implemented, payments will be instantly authenticated using a face scan or fingerprint sensor. This will reduce transaction time, increase security, and make the user experience more seamless. Experts say that biometric authentication will reduce the likelihood of fraud, as face or fingerprints are difficult to copy by another person. However, strong technical protocols will be adopted between NPCI and UIDAI to ensure data security and privacy.

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SEBI UPI Payment: If you invest in shares, mutual funds, or other securities, secure payments have become even easier. Market regulator Securities and Exchange Board of India (SEBI) has launched two special initiatives to protect investors from fraud and strengthen the payment system. SEBI claims this will make transactions easier and error-free. The market regulator has developed this facility in collaboration with NPCI. SEBI has launched two facilities called ‘Validated UPI Handles’ and ‘SEBI Check’.

According to media reports, SEBI, in collaboration with the National Payments Corporation of India (NPCI), has launched a unique @valid UPI ID. This handle will be issued to SEBI registered entities directly connected to investors. It will also include specific characters at the end depending on the category, such as ‘.brk’ for brokers and ‘.mf’ for mutual funds.

This will make it easier for investors to identify which entity is genuine and trustworthy. For example, a broker’s ID might be abc.brk@validhdfc, while a mutual fund’s UPI ID might be xyz.mf@validicici.

Confirmation will be provided by a unique symbol.

SEBI said in a statement that major brokers and all mutual funds, covering more than 90% of investors, have already adopted this @valid UPI handle. This feature will be provided as a new payment option for investors. It will work alongside existing methods like NEFT, RTGS, and IMPS.

This will give investors the freedom to choose their preferred transaction mode. Payments made using these IDs will display a unique “thumbprint inside a green triangle” symbol to confirm authenticity. The absence of this symbol will alert investors to the possibility of an unauthorized or fraudulent transaction.

Learn about SEBI Check:

Along with the new UPI system, SEBI has also launched SEBI Check, a digital verification tool that allows investors to independently verify the bank account details and UPI IDs of registered intermediaries. By entering the account number and IFSC code or @valid UPI ID, investors can verify authenticity through the SEBI Check platform or the Sarathi mobile app.

Special QR Code

In addition, SEBI has designed a special QR code with the same “thumbs-up” symbol in the center. This QR code is designed as follows. When investors scan it, it will ensure that the QR code is actually forwarding to a SEBI-registered intermediary. This code will facilitate error-free, fast, and reliable transactions. The thumbs-up icon in the QR code will indicate to the investor that the transaction is for a valid @valid handle. This makes the process of making payments using QR codes simple and secure.

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UPI Payment New Rule: Everyone knows how much easier UPI payments have made our lives. A single click can transact thousands of rupees in seconds. The stress of carrying cash is over, and asking friends and relatives for money is also easy.

But now there’s some big news. The National Payments Corporation of India (NPCI) has decided to discontinue UPI’s person-to-person (P2P) collect request service. This means that, starting October 1, 2025, you won’t be able to send direct money requests to your friends, relatives, or anyone else on PhonePe, GPay, or any other UPI app.

What is a collect request or pull transaction?

Suppose you need 1,000 rupees from your friend. Until now, you would enter their UPI ID on the app and send the request. They would accept, enter their PIN, and the money would be credited to your account. But now this feature is being discontinued for the general public. NPCI has clearly told banks and payment apps that this feature will be removed from October 1st. The goal is to make online payments more secure. In fact, some fraudsters were exploiting this feature to defraud people.

However, this feature will remain available for merchants. Meaning, if you book a ticket through IRCTC, shop on Flipkart or Amazon, or subscribe to Netflix, these merchants will be able to send you payment requests. However, you won’t be able to send a request to share a restaurant bill with your friend. NPCI has previously taken security measures, such as limiting the collection request limit to ₹2,000. Now, the decision has been made to completely discontinue this feature.

Why was this feature introduced in the first place?

Its purpose was to simplify transactions, such as reminding friends of money borrowed from them or speeding up online shopping payments. However, fraudsters began abusing it. People were duped by sending fake requests. That’s why NPCI took strict action.

This change may make everyday transactions a little more difficult. For example, if you split a dinner bill with friends, you’ll now have to ask them to pay in person instead of sending a request. But the good news is that this will reduce fraud. If you use UPI, be cautious. Always check who the payment is going to to avoid fraudulent requests. Overall, this step by NPCI is aimed at keeping your money safe.

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The facility of ‘collection’ i.e. payment request between persons (P2P) through UPI from banks and payment apps will be closed from October 1, 2025. Earlier, NPCI had said in a circular issued on July 29 that the process of P2P ‘collection’ will not be allowed in UPI from October 1, 2025.

P2P Collection in UPI means that the facility of ‘collection’ requests from banks and payment apps will be completely removed from the said date. The P2P feature is used to send requests for money to other UPI app users. It reminds them to share the amount. However, this feature is being used by fraudsters to cheat UPI users.

What is the purpose of NPCI?

NPCI said that all member banks, payment service providers (PSPs) and UPI apps are directed to make necessary changes in their systems and operational procedures to ensure that no P2P ‘collection’ transactions are initiated or processed on UPI after October 1, 2025. This decision means that all member banks and UPI apps (PhonePe, Google Pay and Paytm etc.) will not be able to process P2P collection transactions after this deadline.

What is the current arrangement

Under P2P collection, currently a maximum of Rs 2,000 can be collected from an individual per transaction. Also, the limit of successful transactions is 50 per day. This means that currently a transaction of Rs 1 lakh is allowed in a day under this facility. Rahul Jain, Chief Financial Officer, NTT Data Payment Services India, said that by removing this facility, UPI (Unified Payment Interface) has strengthened its position as a fast and easy, secure and reliable platform.

What will be the new change?

NPCI had set a transaction limit of Rs 2,000 in the year 2019, but fraud continued. This step will act as a security measure for the users and now such fraud will be prevented. Under this change, a measure will be taken to reduce fraud by removing the high-risk channel. Now all P2P transactions will be initiated by the users for which the users will have to scan the ‘QR code’. He said that in this situation the users will have full control over their transactions.

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Customers of these 12 countries will get this facility

This facility of the bank will benefit those customers who live in these 12 countries – Australia, Canada, France, Hong Kong, Malaysia, Oman, Qatar, Saudi Arabia, Singapore, UAE, UK and USA. If you live in any of these countries and have an NRE or NRO account with IDFC First Bank, then you can do UPI transactions in India even using the mobile number of that country.

No need to have a SIM card, you can make payment through UPI app

The best thing about this service is that you do not need to have an Indian SIM card for this. You can make payment through any UPI app like Google Pay, PhonePe, Paytm, even if your number is international.

In such a situation, it has become very easy to send and receive money with the help of QR code, UPI ID or mobile number. This service is as secure and reliable as India’s regular UPI system.

To use this new service, you just have to follow 3 steps:

Step 1: Login to the IDFC First Bank app and click on ‘PAY’

Step 2: Link your bank account

Step 3: Create a new UPI ID and start making payments

It is important to note that all these transactions should be done within India so that foreign exchange charges are not levied. Overall, if you are an NRI and want to send money to family or friends in India, pay bills or do shopping, then now this task has become even easier.

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Merchant Discount Rate. Till now, neither the customer has to pay any charge for making payment through UPI nor any fee is taken from the traders. This is called Zero MDR Policy. But now this system can change on UPI payments of Rs 3,000 or more.

What is MDR fee?

MDR is actually a fee that banks or payment app companies charge traders when a customer makes a payment through UPI. The government is currently thinking of imposing such a charge only on transactions of more than Rs 3,000. This means that common people who make small everyday purchases through UPI, such as ordering vegetables, groceries, milk or food online, will not be affected.

Why is the government considering imposing MDR?

The purpose of this proposal is to provide a permanent source of income to banks and UPI payment companies so that they can run this service for a long time without any loss. The Payment Council of India has already recommended the government to end the Zero MDR policy. The need for this change is also being felt because the use of UPI is increasing tremendously in India.

On June 1, 2025, there were 644 million (64.4 crore) UPI transactions.

On June 2, 2025, this figure reached 650 million (65 crores).

These figures indicate that UPI is now set to overtake international payment companies such as Visa. For example, Visa’s average daily transaction is estimated to be around 639 million. In May 2025, there were more than 14 billion (1,400 crore) UPI transactions in India, with a total value of more than Rs 20 lakh crore.

The government says that if a small MDR is charged on large transactions, then the digital payment system can be strengthened further and banks will be helped in its operation. At present, this proposal is in initial discussions, and before implementing it, the government will talk to traders and payment companies. But it is certain that small payments through UPI will remain free for common people as before.

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The company has made preparations to connect such people with digital payment, who are still using feature phones and do not use UPI. The company has got the technology to make this possible. It has bought Gupshup’s GSPay technology. It has been told that in the coming days, a UPI payment app will be launched for feature phones.

What is GSPay technology, which PhonePe will use

It has been told that GSPay is a mobile application. It is built on the UPI payment system (UPI 123PAY) of NPCI i.e. National Payments Corporation of India. With its help, UPI payment is done through feature phones. Many mobile companies like Jio, HMD etc. have introduced such feature phones which support UPI payment. It has been told that PhonePe will further improve the technology of GSPay. After that, the technology will be brought in the new feature phones launched in the country and UPI payment will be made from feature phones on the PhonePe app.

What will be the benefit to people

PhonePe wants that the section of the country which uses feature phones and is not yet connected to UPI payment or is making payments through other methods, can easily use UPI. Through the technology of GSpay, people will be able to send money to each other P2P i.e. person to person. They will be able to make payments offline through QR code. In this method, internet connection is not required to make payment. People will also get the facility to receive money from any UPI user. It has been told that the company wants to make payments easier between feature phone users and smartphone users.

What does PhonePe have to say on the new technology

On the new technology, PhonePe has said that it is very happy to have acquired GSPay technology. Through this technology, in the coming days, people using feature phones will be able to avail UPI payment facility. The company believes that the finance industry and the startup ecosystem have not yet paid attention to such people. The company has expressed hope that it will be able to connect crores of people using feature phones with UPI payment in the coming days.

How many people in the country are using feature phones

Data shows that till last year, the number of feature phone users in India was 24 crores. It is estimated that in the next 5 years, 15 crore feature phones will be introduced, which means this user base will remain intact. UPI payment facility is available in feature phones, but PhonePe, Paytm or other private players have not yet jumped into this category. If the UPI app of these companies comes in feature phones, the revolution of digital payment in the country can reach the next level. More and more people will be able to use banking services from home.

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Nowadays, the use of cash has reduced to a great extent. Now people make digital payments for every small and big transaction. Today, crores of transactions take place daily in the country through UPI i.e. Unified Payments Interface. Through UPI payment, money is transferred from one account to another in just a few seconds.

But sometimes people transfer money to the wrong people’s accounts. Due to which they have to face trouble. But now this will not happen. NPCI i.e. National Payments Corporation of India has issued a rule related to UPI. Let us tell you what this rule is.

NPCI brought new rule regarding UPI payment

National Payments Corporation of India i.e. NPCI has come up with a new rule. Under which your money will not go into wrong hands. Let us tell you that through UPI, P2P i.e. Peer to Peer and P2PM i.e. Peer to Peer Merchant. On doing any kind of transaction, now only the name of the account holder will appear which will be registered in CBS i.e. Core Banking System.

This means that while making payment, you will see the name that is registered in the bank account. Even if that person’s number is saved in your phone with any other name. Sometimes due to people having different names, confusion occurs and due to this money goes to wrong accounts. But now this will not happen. This new rule will be implemented for all UPI apps from 30 June 2025.

What if money from UPI goes to the wrong account?

Sometimes, even when you make transactions with utmost caution, something goes wrong. If you have also sent money to someone else’s account by mistake, then first you have to contact that person and tell him that you have sent money to his account by mistake. In such a case, the chances are very less that he will return your money. But sometimes the money is returned.

If that person is not returning your money, then you can lodge a complaint in your bank that the money has gone to the wrong account. Apart from this, you can lodge a complaint about this by calling on toll free number 18001201740. You can also lodge a complaint about this on the NPCI portal.

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For example, many banks

are going to change savings account and fixed deposit (FD) interest rates. Now the interest rates will be decided based on the amount deposited in the account. Customers holding a large amount are likely to get higher interest.

Changes related to credit cards

SBI, IDFC First Bank are changing their credit card policies. SBI card reward points are going to be reduced on some transactions. SimplyClick SBI cardholders can now get 5X reward points on Swiggy. Earlier it was 10X. Air India SBI Credit Card 4 Air India SBI Platinum Credit Card will now offer 5 reward points for every Rs 100 spent on Air India ticket bookings. Currently you get 15 reward points. Similarly, Air India SBI Signature Credit Card users will get 10 points for every Rs 100 spent, up from 30 points at present.

As for IDFC First Bank credit cards, milestone rewards for Club Vistara credit card holders will be discontinued from March 31. Club Vistara Silver membership will no longer be available. Apart from this, complimentary vouchers like premium economy tickets and class upgrade vouchers will also be discontinued. The bank will waive the annual fee for one year for customers renewing their credit cards from March 31. But major travel benefits will not be available.

New rule for urban cooperative banks

From April 1, urban cooperative banks will have to allocate 60 percent of their loans to priority sectors. In addition, more women will be eligible for loans.

These UPI accounts will be closed

UPI IDs associated with mobile numbers registered with the bank that have not been active for a long time will be deactivated. You will be able to access UPI services from such numbers only after the mobile number is reactivated. As per the guidelines of the Department of Telecommunications (DoT), if your mobile number has been cancelled or surrendered, banks or UPI apps can remove it from their records. NPCI said that several technical issues and cases of fraud are increasing due to cancelled/surrendered mobile numbers.

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Banks will remove many mobile numbers

The National Payments Corporation of India has directed banks to delete mobile numbers that have been issued to someone else or have been closed from April 1, 2025. So that UPI transactions can be made more secure and wrong transactions can be prevented.

System updates will be mandatory from now on

To prevent fraudulent UPI transactions, NPCI has asked banks and UPI payment service providers to update their systems at regular intervals. This decision was taken in the NPCI meeting held on 16 July 2024, which will now be effective from 1 April 2025.

An updated list of mobile numbers will be generated every week by banks and UPI payment service providers to prevent failed or incorrect transactions.

Users will have to pay attention.

Mobile numbers will be updated only after the consent of the users. This option to give consent will be available only through the UPI app. If consent is not given by the user and the mobile number is not updated, then no UPI transactions will be possible through that mobile number.

Banks and UPI apps will have to follow these rules

From April 1, 2025, banks and UPI apps will have to submit reports to NPCI every month. In which information will have to be given about the number of UPI IDs linked to mobile numbers, number of active users, number of UPI based transactions.

UPI transactions will be more secure

These changes are being made to make the UPI facility more secure for customers. If you want to continue using UPI apps linked to your mobile number with ease, keep them updated.

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Now a news has come regarding UPI payment. Now if the transaction fails or money gets stuck through UPI, you will not have to wait for many days for a refund. You will get the money instantly. Actually, the National Payments Corporation of India (NPCI) has now automated the approval and rejection process for chargeback requests.

If there is a problem in any UPI transaction, such as transaction failure or money getting stuck, then you will not have to wait for a long time for a refund. This means that now if your UPI transaction fails and you have not received a refund, then you will not have to wait long in the process of requesting a chargeback from your bank as before. The request made by your bank will now be dealt with faster, as this process has been automated. This will make the refund process faster than ever and the money will be returned to your account as soon as possible.

The new automated chargeback process is coming into effect today, February 15, 2025, which aims to improve the case of UPI transactions. This new system will make the chargeback process even more transparent and faster.

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Credit card UPI payment: Transactions through Unified Payments Interface (UPI) continue to grow. In December 2024, the number of UPI transactions reached a record high of 16.73 billion. This is 8 percent more than the 15.48 billion UPI transactions in November.

Seeing the increasing popularity of UPI, now credit card users are also choosing the option of digital payment for purchases. Using credit cards during UPI payments is very easy. Let’s see how to use credit cards for UPI payments. For this, first link the credit card with UPI.

How to link

First download the UPI app. If you are using UPI for the first time, it would be best to install Bharat Interface for Money (BHIM) for credit card payments. Now open the app and go to the ‘add payment method’ section. Select the credit card option and enter your credit card number, CVV and expiry date. After this, an OTP will come on your registered mobile number.

After linking your credit card account, now create a UPI ID from your credit card. With this ID linked to your bank account, you can make or receive payments through UPI. To check your UPI ID, go to the profile section in the app and select UPI ID.

How to make a credit card payment through UPI

To make a UPI payment through a credit card, first scan the QR code or select the ‘Pay Phone Number’ or ‘Pay Contacts’ option and select your UPI ID or go to the relevant payment option on the app. If you want, you can also choose the ‘Self Transfer’ option, through which you can transfer money from one account to another. After verifying the app’s QR code and phone number, enter the amount to be transferred and select the credit card option for payment. Now your payment will be successful only after entering the PIN.

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Let us tell you that this decision of the Reserve Bank will provide more convenience to the holders of prepaid payment instruments (PPI) like gift cards, metro rail cards and digital wallets.

What is in RBI’s circular

The Reserve Bank said in the circular that it has been decided to enable UPI payments from full-KYC PPIs through third-party UPI apps. Similarly, PPIs will also be approved to receive UPI payments. RBI said – A PPI issuer will enable UPI payments only to its full-KYC PPI holders by linking its customer to a UPI handle. UPI transactions from PPIs on the issuer’s application will be authenticated using the customer’s existing PPI identity. Meaning that such transactions will be pre-approved before reaching the UPI system.

RBI said that as a payment system provider, a PPI issuer should not associate customers of any bank or any other PPI issuer with itself. At present, UPI payment from a bank account can be made using the UPI application of that bank or any third party application provider. However, UPI payment from PPI can be made only using the mobile application provided by the PPI issuer.

Difference between PPI and UPI

PPIs are instruments that enable purchase of goods and services, transaction of financial services and remittance facilities against the value stored in them. UPI, on the other hand, is an instant real-time payment system developed by the National Payments Corporation of India to facilitate inter-bank transactions through mobile phones.

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It is not only safe, but users are also able to transfer money from one account to another in seconds, which eliminates the need to keep cash and also saves time. At the same time, many types of steps are being taken by the central government to promote UPI payment. Under which, apart from India, UPI payment facility has been started in many countries including Maldives, Sri Lanka. Meanwhile, an important news related to UPI payment has come.

This much will be paid without internet

If you do not have a smartphone and you want to take advantage of UPI facility, then you will be able to make UPI payment even without internet. Actually, Reserve Bank of India (RBI) has made digital payment even easier for feature phone and smartphone users through UPI 123Pay. Now you can make transactions up to Rs 10,000 through UPI 123Pay even without internet.

Payment can be done without internet through these 4 methods

• Users who do not have a smartphone can make voice payments through IVR (Interactive Voice Response). For this, they have to call a designated IVR number, then you can make the payment by selecting the correct option from your keypad.
• The second method is proximity sound-based payment. Under this, you can make payment through a special tone, which comes from a device (POD) near your phone. You can make payment by tapping your phone on this device.
• Apart from this, users will also be able to make payments through missed calls. For this, you have to call a number, after which you get a call back. In this call, you can confirm the transaction by entering your UPI PIN.
• The fourth option is for feature phone users. You can make UPI payments through an app on your feature phone.

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In such a situation, it is very important for people to know about these rules. A small mistake can cost you heavily. All these changes are going to have a direct impact on you. Let us know which rules are changing.

LPG gas cylinder became expensive

Like every month, this month too the price of LPG gas cylinder has changed. Oil marketing companies have increased the price of commercial gas cylinder by up to Rs 62. This affects small businessmen. However, there has been no increase in the price of domestic gas cylinder.

2 – Two big changes in the UPI Lite platform

Two major changes are going to happen in the UPI Lite platform from November 1, 2024. With this, UPI Lite users will be able to make more payments. RBI has also increased its transaction limit. Under the second change, your UPI Lite balance will go below a certain limit. With the new auto top-up feature, money will be added to UPI Lite again. This will eliminate the need for manual top-up. With this, payments can be made without stopping with the help of Unified Payments Interface (UPI) Lite.

3 – New rules for money transfer

RBI had said that the new rules for domestic money transfer will come into effect from November 1, 2024. So that the misuse of banking channels for fraud can be prevented. RBI had said in its circular that the availability of banking outlets has increased significantly. There has been an ease in fulfilling KYC requirements. Now users have many digital options for money transfer. Recently various services convenient in the existing framework were reviewed.

4 – Changes in credit card rules

SBI Card, a subsidiary of the country’s largest public sector bank State Bank of India, has made a big change from November 1. These are the rules related to utility bill payments and finance charges through credit cards. From November 1, a finance charge of Rs 3.75 will have to be paid every month on unsecured SBI credit cards. Apart from this, an extra charge of 1% has been imposed on payments of more than Rs 50,000 for electricity, water, LPG gas and other utility services.

5 – Changes in train tickets

The rules for booking train tickets have changed from November 1. Now train tickets can be booked only 60 days in advance, not 120 days as before. Indian Railways has made these changes in the rules for advance ticket booking to make the ticket booking process easier for passengers.

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It is possible to change UPI PIN even without debit card

Let us tell you that changing the PIN from time to time reduces the possibility of fraud. Earlier, you had to use a debit card to change the UPI PIN, but now it is possible to change the PIN even without it, but for this you must have an Aadhaar card. Let us tell you that the National Payment Corporation of India (NPCI) has allowed setting UPI PIN through Aadhaar card. After this change, digital transactions will become even easier and more and more people will be able to take advantage of the UPI payment system.

Step by step process to set UPI PIN with Aadhaar card

If you want to set UPI PIN without debit card, then first check that your mobile number is linked to your Aadhaar card and the same mobile number should also be registered in your bank. Because if you do not have the same mobile number registered in the bank or Aadhaar card, then you will not be able to take advantage of this facility. If you have the same mobile number registered in both the bank and Aadhaar card, then you can set your PIN by following the steps given below

Step 1- First of all open the UPI app on your smartphone and then link your bank account to the app

Step 2- After adding the bank account, select the option to set UPI PIN.

Step 3- Now you will see two options, Debit Card and Aadhaar OTP.

Step 4- From both the options, choose the option of setting UPI PIN through Aadhaar OTP.

Step 5- After this, validate your Aadhaar by entering the first six numbers of your Aadhaar.

Step 6- Then an OTP (One-Time Password) will be sent to the mobile number registered in your bank account, which you will have to enter and verify.

Step 7- After OTP is verified, you will get the option to set a new UPI PIN. In this way, you can set your UPI PIN even without the help of a debit card.

Change in UPI transaction limit

Let us tell you that the government also wants more and more people to use UPI transactions. Recently, RBI has increased the transaction limit of UPI Lite from Rs 500 to Rs 1000 per transaction. At the same time, the limit of UPI Lite Wallet has also been increased from Rs 2000 to Rs 5000. Not only this, the Reserve Bank of India has increased the transaction limit of UPI 123 PAY from Rs 5,000 to Rs 10,000 per transaction.

Under the new rules, now you can make UPI payments up to Rs 5 lakh per transaction for three categories: Consumer Tax Payment, Hospital and Educational Services and IPO and Government Securities.

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After getting approval from NPCI, onboarding has started for new UPI users. Now users can easily add their bank accounts and create a new UPI ID for faster payments.

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Maldives, which once used to challenge India, has now come on line. Now you will be able to make payments through Unified Payments Interface (UPI) in Maldives as well. In fact, President Mohamed Muizzu has decided to launch India’s UPI system in Maldives on Sunday (20 October). Many countries are already using the UPI system developed in India.

Recently, Foreign Minister S Jaishankar was on a visit to Maldives. During that visit, Maldives agreed to adopt India’s most successful digital technology UPI. India and Maldives signed an agreement to launch UPI.

What is UPI?

Let us tell you that UPI is a real time payment system. For digital payment, a facility like UPI allows you to transfer money easily from home. For this, you need UPI supporting apps like Paytm, PhonePe, Bhim, GooglePay etc. The special thing is that UPI allows you to transfer money even if you have only one information like scanner, mobile number, UPI ID.

Maldivian President Dr Mohamed Muizzu decides to introduce India’s Unified Payment Interface in the #Maldives.

The President’s office announces that the decision was taken on the recommendation of the Cabinet. pic.twitter.com/ynqjUwj5us

— All India Radio News (@airnewsalerts) October 20, 2024

UPI facility was started in India in the year 2016.

UPI payment system was started in the year 2016. The UPI system is operated by the National Payment Corporation of India (NPCI).

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Now UPI payments are being used in many countries of the world. Do you know that you can make UPI payments even from button phones/feature phones? Let us know how you can do this?

According to NPCI, feature phone users will be able to do UPI transactions through IVR number. For this, you have to call the IVR number (080-45163666, 08045163581 and 6366200200) and get your UPI ID verified. Now you have to make your payment after following the instructions given on the call.

UPI payment can be done through USSD without internet, just remember *99#
Apart from UPI 123Pay, there is another way to make payment without internet. You have to use USSD service. For this, first of all you have to dial ‘*99#’ on your GSM smartphone and follow the instructions. However, not all mobile service operators support this service.

What is UPI?

A facility like UPI for digital payment allows you to transfer money easily from home. For this, you need UPI supporting apps like Paytm, PhonePe, Bhim, GooglePay etc. The special thing is that UPI allows you to transfer money even if you have only one information out of scanner, mobile number, UPI ID.

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If you also use UPI then there is good news for you. National Payments Corporation of India (NPCI) has increased the limit of online payment to Rs 5 lakh. However, this facility will be available for some special categories.

Let us tell you that usually the limit for a single transaction is Rs 1 lakh, whereas for transactions related to capital market, collection, insurance and foreign inward remittance, this limit is Rs 2 lakh per day.

Also Read: Google Inactive Ac Policy: Your Gmail account will be closed..? Know what is Google’s new policy

Limit of up to Rs 5 lakh on these 3 types of UPI transactions

1) Tax payment

2) Hospitals and educational institutions

3) For IPO and RBI Retail Direct Scheme

In a circular issued by NPCI on August 24, 2024, it was said that there is a need to increase the limit of each transaction in UPI for special categories. From Monday (September 16, 2024), it may be possible to use UPI for payments of up to Rs 5 lakh in a single transaction.

UPI facility was started in the year 2016.

UPI payment system was started in the year 2016. UPI system is operated by National Payment Corporation of India (NPCI). UPI is a real time payment system.

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Digital Payment has made our life easier to a great extent. Now we can make online payment of lakhs of rupees in a pinch. UPI has an important contribution in making online payment easy.

RBI New Rules For UPI Payment: Now we can easily make online payment by scanning QR code or by entering mobile number. In such a situation, many times UPI users make transactions on wrong UPI ID in a hurry. In such a situation, there is a problem in getting the money back.

If you also accidentally make a transaction on the wrong UPI ID, then you do not need to panic. The Reserve Bank of India (RBI) has issued new guidelines (RBI New Rules For UPI Payment) to address the concerns related to wrong transactions from UPI. According to the new guidelines, if payment is made on the wrong UPI ID, then the money can be refunded within 24 to 48 hours.

If the user sending and receiving the money are customers of the same bank, then this refund will be done in less time. On the other hand, if both the users are customers of different banks, then the refund process may take more time.

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Adopt this method

1. Apart from this, we are going to tell you some methods with the help of which you can easily get a refund.
2. You should first contact the person to whom the payment has gone by mistake. You can request that person to send the money back by sharing the screenshot of the payment.
3. If the user receiving the money refuses to refund, then you can register a complaint by calling the toll-free number 1800-120-1740.
4. You can talk to the customer care support of the UPI based app through which you have made the payment. Share the transaction details with the customer care support and lodge a complaint.
5. You can also contact your bank regarding the wrong UPI payment. The bank can help you in refunding the money.
6. UPI transactions are managed by the National Payments Corporation of India (NPCI). You can also lodge a complaint with NPCI.

You can get your money back by adopting all these easy methods.

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UPI has made everything very easy and fast. By scanning the QR in a moment, your money is transferred (UPI Transfer) and payment is done with complete security. However, many times people mistakenly send money to someone else’s account. After that we are worried as to how we will get our money back.

If something like this happens to you too then there is no need to panic. We are giving some such tips. Through which you can easily get your money back. For this, you can complain by calling the service call center of the bank. Apart from this, you can also lodge a complaint online on NPCI portal.

What to do when UPI payment goes wrong

As soon as an incorrect UPI payment is made, the first thing to do is call the customer service center of the bank. If you want, you can also contact the UPI service provider. Complaint can also be made by calling toll free number 18001201740. In which complete information about payment will have to be given.

RBI had also informed people about this. According to RBI rules, you can get refund quickly by first informing your payment service provider about the wrong payment. You will have to inform about the matter by calling the customer care support of GPay, PhonePe, Paytm or UPI app.

Complain on NPCI portal

If you do not get help from customer service then you can complain on NPCI portal. For this follow the steps given below. First of all go to the official website of NPCI. Then click on Get in touch. After this enter all the requested information. In this, all the information like name, email ID will have to be filled.

After submitting this, select Dispute Redressal Mechanism if the fire increases. Enter the transaction details under the complaint section. Which will include UPI transaction ID, virtual payment address, amount transferred, date of transaction, email ID and mobile number. Where the reason will be asked, select Incorrectly transferred to another account. After this submit it.

When to complain

When a wrong transaction happens, you have to complain immediately. It is necessary to complain within three days of the transaction. After this, there is no guarantee of getting the money back if you complain.

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Jio UPI Payments: After creating history in the telecom sector, Mukesh Ambani is now planning to enter the UPI sector soon. Due to Jio’s entry into this segment, PhonePe and Paytm are going to get a big competition. Jio gained customers in the telecom sector by providing free data and calling facilities and later captured the market.

According to the news of ET Now, Jio is planning to launch Soundbox in the market soon. Jio has started selling Soundbox at retail outlets. This will directly compete with Paytm Soundbox.

Paytm crisis can be beneficial

Soundbox will soon be added to Mukesh Ambani’s Jio Pay app. According to the report of ET Now, the trial of Soundbox has also started from Jio. At present, many apps are already available in this segment. At present, Mukesh Ambani may get the benefit of the big action taken by RBI against Paytm.

Customers can get attractive off

Mukesh Ambani can also give many attractive offers to the customers to capture the UPI market. Due to this plan of Jio, the concern of other companies is increasing a lot. Jio can easily take advantage of the ban imposed on Paytm.

Flipkart is also providing facility

At present Phone Pay, Google Pay, Amazon Pay and Paytm app are available in the market. At the same time, recently Flipkart has also started the facility of UPI service in the market. Flipkart has started UPI facility in collaboration with Axis Bank. The company has launched UPI handle (@fkaxis). At present it is available only for Android users.

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If money goes from UPI to a wrong account then you should follow some steps.

Inform the bank

If the money has gone to a wrong account, then first of all you should inform it to the bank and explain the entire matter. You can also give this complaint to the bank through email and in writing. Apart from this, inform about this matter to the UPI app (like GooglePay, PhonePe and Paytm) which you have used.

Tell me soon

You should not cause any delay if money goes to a wrong account through UPI or any other online medium. The matter should be reported to the relevant authorities and agencies as soon as possible. This helps in taking further action quickly.

Banking Ombudsman

You can also complain to the Banking Ombudsman if the bank fails to take any action when money is transferred from UPI to the wrong account. This may help you get your money back.

Contact NPCI

If no action is being taken on your case even after informing the bank and the Bank Ombudsman, then you can also go to NPCI and complain. Let us tell you, the entire UPI network is operated by NPCI itself. It has been formed by the Reserve Bank of India.

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Now you can make UPI payment even without money in your account. To encourage digital payments in the country, the Reserve Bank of India has given its approval to the credit line service for UPI users. Now after this, users can make payment through UPI like credit card even without money in the account and can repay it later.

What is UPI Now Pay Later facility?

UPI Now Pay Later facility is a kind of credit line, through which you can make UPI payment even without money in the account. You can use this feature only when the bank gives you this facility. This facility is dependent on credit score. Through UPI, apart from your savings account, you can now link credit card, prepaid wallet, overdraft account and now also UPI credit line. Many banks like ICICI have also started the facility of UPI Now Pay Later.

In how many days will UPI Now Pay Later be paid?

Through UPI Now Pay Later, you can use credit line ranging from Rs 7,500 to Rs 50,000. The customer will have to pay this money within 45 days. If you fail to do so, you will have to pay a hefty interest rate of up to 42.8 percent along with late fees. You will also have to pay GST on this payment.

How to use ‘UPI Now Pay Later’

To use this feature, you will have to open mobile banking or net banking of the bank. After this you will have to go to the pre-approved loan section. After this you can avail the facility of UPI Now Pay Later from here. This facility will vary according to different banks.

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For this you only need internet. But do you know that even if your phone does not have an internet connection or you have a feature phone, you can easily transfer money to someone through UPI.

Recently, private sector HDFC Bank has launched 3 digital products connected to UPI. These are UPI 123Pay: Payment through IVR, UPI plug-in service for merchant transactions and Autopay on QR code.

UPI 123Pay: Payment via IVR

With UPI 123Pay, anyone can easily make UPI payments by just making a phone call, even if they do not have internet or smartphone. Customers can easily book and pay for services through Interactive Voice Response i.e. IVR.

UPI Plug-In Service for Merchant Transactions

UPI Plug-In Service makes it easy to make payments through UPI. You will not need to switch between different apps while shopping.

AutoPay on QR codes

AutoPay on QR lets you easily set up automatic payments using UPI QR codes. This is useful to make automatic payments for streaming services, subscriptions etc. without having to make manual payments every time.

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In fact, RBI has also announced to include pre-sanctioned credit lines issued by banks for transactions in the UPI system. This will also benefit the customers.

UPI payment

Till now, only deposits could be transacted through the UPI system. The central bank had proposed to expand the scope of Unified Payments Interface (UPI) in April. Under this, it was said to approve transfer from already approved loan facility in banks. At present, savings accounts, overdraft accounts, prepaid wallets and credit cards can be linked to UPI.

Reserve Bank said important thing

The Reserve Bank has also issued a circular on ‘Operationalization of pre-sanctioned loan facility in banks through UPI’. Many things have been said in this through RBI. Through RBI, it has been said that loan facility has also been included in the scope of UPI. The Reserve Bank said, ‘Under this facility, payment can be made through pre-approved loan facility issued to individuals through scheduled commercial banks with the prior consent of the individual customer.’

UPI transaction

According to the central bank, this can reduce costs and help in the development of unique products for the Indian market. Transactions on UPI, used for instant money transfer round the clock through mobile devices, crossed the 10 billion mark in August. The UPI transaction figure in July was 9.96 billion. At the same time, UPI payments are expected to increase further in the coming days.

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Reserve Bank of India (RBI) is now considering developing a new system regarding UPI. The Reserve Bank of India said that it is thinking of bringing interactive payment facility on UPI through Artificial Intelligence (AI). On August 10, after the RBI’s monetary policy meeting, Governor Shakti anta Das said that interactive payments in UPI will give users a different experience.

The RBI governor said that conversational payments on UPI will enable users to engage in conversation with AI systems to make payments. He said that the central bank has proposed new technology for the users.

How banks are using AI

Apart from this announcement by the central bank, other private and public sector banks are closely working on their technology using AI and machine learning (ML) tools to expand digital banking services. Banks in India are increasingly incorporating technology like AI based service in their operations. From using chatbots to striking deals with fintech firms, banks are figuring out how to incorporate new-age technology.

HDFC Bank, the country’s largest private sector bank, has its own chatbot Eva. It presents information about the banking services of the lender to customers and non-customers. Similarly, Axis Bank is also looking at using the enterprise variant of ChatGPT to enhance the communication services with the customers. At the same time, the country’s largest bank State Bank of India said in its annual report for FY 2023 that business analytics will increase the use of AI and ML in operations.

No change in repo rate

RBI Governor Shaktikanta Das announced that the Monetary Policy Committee has unanimously kept the repo rate unchanged at 6.5 percent on August 10. The Standing Deposit Facility rate has also been retained at 6.25 per cent and the Marginal Standing Facility rate, Bank Rate has also been kept at 6.75 per cent. ,

The post UPI New Feature: AI will make payment through UPI just by your speaking, new system will be launched soon first appeared on Rightsofemployees.com.

The trend of UPI payment is increasing in the country. At the same time, to make UPI payment easier and faster, digital payment and financial services company Paytm has given a new feature to the users on the app. The feature of ‘Pin Recent Payments’ has been added on Paytm’s app.

With its help, the users of the company will be able to pin the recurring payments. The pinned profile will remain at the top and payments can be made easily and quickly. Under the Pin Recent Payments feature, you will be able to pin only 5 contacts in the top.

Company spokesperson said that Paytm is at the top in mobile payments, so we keep bringing new features to improve the user experience in the app from time to time. The spokesperson said that the purpose of our ‘PIN Sampark’ facility is to enable users to make faster UPI payments. This service will save people’s time and efforts and they will be able to make UPI payments faster.

Now pin your favorite contact for even faster UPI payments! 📌 Only with #PaytmUPI 🚀

Read more here: https://t.co/s1XQssOj2B#Paytm #PaytmKaro

— Paytm (@Paytm) June 27, 2023

How to Pin Contact on Paytm

>> First of all update your Paytm app and open it.
>> Now tap on To Mobile or Contact in UPI Money Transfer.
>> After this, long press on the icons or on the search results.
>> Finally click on Pin.

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Nowadays it has become very easy to do transactions through UPI Payment. Digital payment systems like Unified Payments Interface (UPI) have brought about a sea change in the way transactions are done. Nowadays, most people choose the option of UPI payment instead of cash payment. We find UPI payment easy because in just a few seconds we can transfer money directly to a merchant’s or any other person’s bank account by scanning a QR code or through a UPI number. Along with this, we do not even feel the need to keep cash.

The growing trend of UPI payments has eliminated the need to use cash in most cases. You can buy small and big things and pay for them in a second.

UPI Lite service will be able to make offline UPI payment

Many times it must have happened to you that you would need to do a transaction through UPI and at that time you would not be able to send money online due to lack of internet. But do you know that you can make UPI payment even without internet. Yes, offline UPI payment can be done through UPI Lite service. UPI Lite provides you partially offline payment service. So let’s know about it….

Digital payment will be easy through pre-loaded money in wallet

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Now you will be able to pay through RuPay Credit Card on Google Pay as well. Google Pay users will be able to link RuPay credit card on their app. And with this you will be able to make payments to online and offline merchants in a few clicks on the app itself.

UPI payment by credit card

cLet us tell you that NPCI has developed a special Rupay credit card in the country. RBI has now allowed UPI payment only through Rupay credit cards. Currently, global companies like Visa and Mastercard have not got the facility to enable UPI payment on their credit cards in India.

Till now customers could make UPI payment by adding debit card to Google Pay, but now UPI payment will be done through credit card through Rupay credit card. Before Google, RuPay Credit Card was available on PhonePe and Paytm. Recently, Paytm has also launched a special credit card in collaboration with RuPay Credit Card and SBI.

Who can use this credit card on Google Pay?

Currently Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India Rupay credit card holders will be able to link their cards on Google Pay.

How to link RuPay Credit Card on Google Pay?

To make UPI payment with RuPay Credit Card, you must first add it to your Google Pay account.

For this, first open the Google Pay app. Go to Settings and then click on Setup Payment Method.

Now click on Add RuPay Credit Card.

– You will have to enter your card details here – You will have to enter the last six digits of the credit card number, expiry date and PIN etc.

Now you have to tap on RuPay credit card on UPI to activate this option.

Now select the bank which has issued you the RuPay credit card.

Here you have to set a unique UPI PIN.

Now your card is added. Now you can make UPI payment with RuPay Credit Card.

The post UPI Payment: Now you can pay with RuPay Credit Card on Google Pay, Here’s a Quick Step-by-Step Guide first appeared on Rightsofemployees.com.

The limit of all banks is different-

Let us tell you that this limit is different for the customers of all the banks. All bank customers including SBI, ICICI Bank and HDFC get different limits, through which you can transact money.

Let’s check which bank’s UPI Limit –

If you are an SBI customer, you can do a transaction of Rs 1 lakh through UPI in a day.
HDFC Bank customers can also do transactions up to Rs 1 lakh, but for new customers this limit is only Rs 5000.
ICICI Bank customers can do UPI transactions up to Rs 10,000, but for Google Pay users this limit is Rs 25,000.
Bank of Baroda customers can do transactions up to Rs 25,000.
Apart from this, Axis Bank customers can do transactions up to Rs 1 lakh.

RBI is making this plan-

Let us tell you that now RBI is making a new plan regarding UPI payment. The National Payments Corporation of India (NPCI) is preparing to limit the volume cap of the country’s Third Party App Providers (TPAP) to 30 percent. Talks are going on with the Reserve Bank of India in this regard.

Only after the approval of RBI, companies like Phone Pay, Google Pay and Paytm will be able to fix its limit, due to which customers may have to face problems in the beginning. However, how much limit will be imposed on this is not yet decided.

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Although earlier the facility of UPI payment was available only through bank account. Now UPI payment can also be made through Rupay Credit Card. In this series, private sector HDFC Bank (HDFC Bank) has launched HDFC Bank UPI RuPay Credit Card, a special credit card for making UPI payments. You can make UPI payments by linking this credit card to selected UPI apps like BHIM, Paytm, PhonePe, Freecharge, PayZapp, Mobikwik.

This card will not be issued in physical form. Will be issued in this virtual form. This credit card will be based on NPCI’s RuPay network. This card can be used on all online websites that accept Rupay cards.

HDFC Bank UPI RuPay Credit Card Card Features

• Through this credit card, you will get 3 percent cash points (reward rate – 0.75 percent) on spending on grocery, supermarket, dining and PayZapp. In this category, you can earn a maximum of 500 cash points in a month.
• You will get 2% cash points (reward rate – 0.50%) on making utility payments through this credit card. In this category also, you can earn a maximum of 500 cash points in a month.
• Apart from this, you will get 1 percent cash point (reward rate – 0.25 percent) on other categories. In this category also, you can earn a maximum of 500 cash points in a month.
• No cashback will be available on rent payment, wallet load, EMI transaction, fuel and government category.

HDFC Bank UPI RuPay Credit Card Charges
>> The joining fee for this card is Rs.250.
>> The renewal membership fee of this card is Rs.250. However, the renewal fee is waived off after spending Rs 25,000 in a year.

The facility of Rupay Credit Card on UPI was started in the year 2022.

Let us tell you that Rupay Credit Card on UPI facility was started last year. Now you will be able to pay by credit card by scanning at the neighborhood shop. However, through RuPay Credit Card, you can pay only by scanning the Merchant UPI QR Code. Can’t make P2P payments.

Customers of 8 banks are getting the facility to make UPI payment through credit card Rupay credit

of 8 banks has gone live on selected UPI apps like Bhim, Paytm, PhonePe, PayZap, Freecharge, Mobikwik. In future, you will be able to link your RuPay Credit Card with other UPI apps as well. Currently, Kotak Mahindra Bank, Axis Bank, Bank of Baroda, HDFC Bank, Punjab National Bank, Union Bank of India, Indian Bank and Canara Bank Rupay credit card holders can link their cards to select UPI apps.

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Although earlier the facility of UPI payment was available only through bank account. Now many banks have started the facility of UPI payment through credit card. In this episode, Kotak Mahindra Bank Rupay Credit Card users of private sector will also be able to take advantage of this facility.

Kotak Mahindra Bank’s RuPay Credit Card can be used through select UPI-enabled apps such as BHIM, Paytm, PhonePe, Freecharge, PayZapp. This means that now Kotak Mahindra Bank customers will be able to link their RuPay Credit Card with select UPI apps. You will be able to make UPI payments in exactly the same way as you do with a bank account. Just here the money will be deducted from your Rupay credit card.

The facility of Rupay Credit Card on UPI was started last year.

Let us tell you that Rupay Credit Card on UPI facility was started last year. Now you will be able to pay by credit card by scanning at the neighborhood shop. However, through RuPay Credit Card, you can pay only by scanning the Merchant UPI QR Code. Can’t make P2P payments.

Customers of 8 banks are getting the facility to make UPI payments through credit cards.
Rupay credit of 8 banks has gone live on selected UPI apps like Bhim, Paytm, PhonePe, PayZap, Freecharge. In future, you will be able to link your RuPay Credit Card with other UPI apps as well. Currently, Kotak Mahindra Bank, Axis Bank, Bank of Baroda, HDFC Bank, Punjab National Bank, Union Bank of India, Indian Bank and Canara Bank Rupay credit card holders can link their cards to select UPI apps.

How to link RuPay Credit Card with BHIM App

• First open the BHIM app.
• After this click on the linked bank account.
• Now on clicking on +, 2 options appear in Add Account – Bank Account and Credit Card.
• After clicking on the credit card, on clicking on the related card, the details of the credit card linked to your mobile number will come. (You can also do this process after clicking on the banner Rupay Credit Card on UPI appearing on the home page.)
• Now enter the last 6 digits and validity of the credit card.
• After this enter the OTP received on the mobile.
• Create UPI PIN. In this way the process of registration will be completed.

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But now you can choose EMI option during UPI payment. However, this facility has been started by the private sector ICICI Bank.

Since the trend of payment through UPI has increased rapidly in the country, this facility provided by ICICI Bank will be very useful for crores of customers. Because through this they will be able to buy goods on monthly EMI by scanning any QR code while making UPI payment.

A good news has come for crores of customers paying through UPI in the country. Now you can also buy goods on EMI through UPI. Earlier during shopping, credit card or debit card was required to buy a product on installments. But now you can choose EMI option during UPI payment. However, this facility has been started by the private sector ICICI Bank.

Since the trend of payment through UPI has increased rapidly in the country, this facility provided by ICICI Bank will be very useful for crores of customers. Because through this they will be able to buy goods on monthly EMI by scanning any QR code while making UPI payment.

3, 6 and 9 Months Easy Installment Option

Customers can pay an amount of Rs.10,000 and above in easy installments of 3, 6 or 9 months. Bijit Bhaskar, Head, Digital Channels & Partnerships, ICICI Bank said, “We have observed that maximum payments these days are done through UPI, with customers increasingly opting for Buy Now Pay Later, as reported by Money Control. Are. Keeping in view both these trends, the bank is introducing the facility of Instant EMI for UPI payments made through Pay Later.

To use the EMI facility on PayLater, first of all, you have to scan the QR code after purchasing the goods at a store. Then you have to select the option of Scan Any QR to use the iMobile Pay app to make the payment. If the payment amount is Rs 10,000 or more, then you will have to opt for PayLater EMI. After this, a period of 3, 6 or 9 months has to be selected for EMI and after that payment has to be made.

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This first of its kind facility will benefit lakhs of customers of the bank. Now customers can buy products or services instantly by scanning the merchant QR code at the store and paying in EMIs.

According to ICICI Bank, the Boy Now Pay Later facility can be availed across multiple categories such as electronics, groceries, fashion apparel, travel and hotel bookings. Customers can pay for transaction amounts above ₹10,000 in easy installments over three, six or nine months. The bank has said that the EMI facility for pay-letters will soon be extended for online purchases as well.

Bijith Bhaskar, Head, Digital Channels & Partnerships, ICICI Bank said, “We at ICICI Bank are always on the lookout for new products and services to improve the convenience of our customers. We aim to provide solutions to meet the evolving credit needs of our customers. We have seen that nowadays maximum payments are done through UPI.

Customers are increasingly opting for UPI transactions through PayLater, the bank’s ‘buy now, pay later’ service. Keeping these two trends in mind, we are introducing the facility of Instant EMI for UPI payments made through Paylater.

ICICI Bank was the first bank to launch PayLater facility in 2018, which enables customers to buy small ticket size items instantly, in a completely digital and paperless manner. PayLater feature enables customers to shop online, pay bills and make payments instantly at any merchant UPI ID store.

Simple steps to avail EMI facility on PayLater

• Visit any physical store and choose your favorite product or service
• Use iMobile Pay app for payment and select the option ‘Scan any QR’.
• Opt for PayLater EMI if the transaction amount is Rs.10,000 or more.
• Choose a tenure of 3, 6 or 9 months for EMI payments.
• Now confirm the payment and the transaction will be successfully completed.

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Many banks are already offering UPI payment facility to their customers through credit cards. Now Axis Bank Rupay Credit Card users will also be able to take advantage of this facility. Axis Bank’s RuPay Credit Card can be used through select UPI-enabled apps such as BHIM, Paytm, PayZapp, Mobikwik, Freecharge.

This means that now Axis Bank customers will be able to link their RuPay Credit Card with select UPI apps. You will be able to make UPI payments in exactly the same way as you do with a bank account. Just here the money will be deducted from your Rupay credit card.

Let us tell you that Rupay Credit Card on UPI facility was started last year. Now you will be able to pay by credit card by scanning at the neighborhood shop. However, through RuPay Credit Card, you can pay only by scanning the Merchant UPI QR Code. Can’t make P2P payments.

Customers of 7 banks are getting the facility of making UPI payment through Credit Card?
Rupay credit from 7 banks has gone live on select UPI apps like BHIM, Paytm, Mobikwik, PayZapp, Freecharge. In future, you will be able to link your RuPay Credit Card with other UPI apps as well. Currently, RuPay credit card holders of Axis Bank, Bank of Baroda, HDFC Bank, Punjab National Bank, Union Bank of India, Indian Bank and Canara Bank can link their cards to select UPI apps.

How to link RuPay Credit Card with BHIM App

• First open the BHIM app.
• After this click on the linked bank account.
• Now on clicking on +, 2 options appear in Add Account – Bank Account and Credit Card.
• After clicking on the credit card, on clicking on the related card, the details of the credit card linked to your mobile number will come. (You can also do this process after clicking on the banner Rupay Credit Card on UPI appearing on the home page.)
• Now enter the last 6 digits and validity of the credit card.
• After this enter the OTP received on the mobile.
• Create UPI PIN. In this way the process of registration will be completed.
• Now scan the merchant UPI QR code and select Rupay Credit Card and complete the payment by entering the UPI PIN.
• Scan the merchant’s UPI or QR Code in the UPI app.
• Now enter the amount you want to pay.
• After this you choose the linked RuPay Credit Card.
• Now complete the payment by entering the UPI PIN.

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RBI Governor Shaktikanta Das made this announcement during the meeting of the Monitoring Policy Committee. After the RBI meeting on Thursday i.e. April 6, Governor Shaktikanta Das said that the scope of UPI will be increased by allowing the operation of pre-sanctioned credit lines in banks. This will encourage innovation and increase access to credit for customers. RBI will issue detailed information about this later.

UPI payment facility under pre-sanctioned credit line

Currently transfers are done through deposits in UPI bank accounts. Along with this, money transactions are also done under wallet and pre-paid. At the same time, payment has also been allowed through Rupay credit card and now it has been proposed to increase the scope of UPI with the help of operation of pre-sectioned credit line. In other words, under the credit line, the facility of financial payment will be provided from UPI network banks.

Easy access to credit

RBI said that under this it can help in the development of some unique products of India. Along with this, its costs will also come down. RBI said that detailed guidelines will be issued later. Experts believe that this will make it easier for customers to access credit. Along with this, innovation and development will also be encouraged.

No change in repo rate

The Reserve Bank of India did not increase the repo rate in the first monetary policy meeting before the financial year 2024, which means that people have got relief from expensive loans. At the same time, from expanding the scope of UPI to unclaim portal and message alerts for CIBIL score, facilities have been introduced.

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Not going to happen. The interchange fee that will be charged on transactions above Rs 2,000 will be applicable only on PPI i.e. Prepaid Payment Instruments transactions. Normal UPI transaction i.e. bank account to bank account transactions will not have to be charged.

‘What is PPI?’- People started searching

After the circular of NPCI, this confusion was removed that no new charge should be given to common customers on UPI transactions, but people definitely started searching what is PPI Payment. If you are also thinking this, then we have written this article only for you.

What is PPI?

According to NPCI, most payments on UPI enabled apps are bank account to bank account based transactions. Their share in UPI transactions is 99.9%. Rest of the PPIs are merchant based transactions.

But what is this? Under RBI’s Payment and Settlement Act, 2005, PPIs or Prepaid Payment Instruments are such payment instruments, in which you buy goods or services or transfer funds, financial services or remittances through store value in advance. Simply put, such payment apps, in which you buy, or transfer something with the money already inserted, that is, through money inserted in mediums like wallet or gift card.

Basically you keep prepaid amount in the app, which is deducted from your bank account or debit/credit card, cash or. PPIs can be in many forms, such as payment wallets, smart cards, magnetic chips, vouchers, mobile wallets, etc. That is, any such instrument or instrument in which you put money in advance, so that transactions can be done with it.

Are there types of PPIs?

Yes, there are many types of PPIs too. According to RBI, PPIs are issued in the country under three systems.

1. Closed System:

Such PPIs can be used only by the institutions that issue them. That is, if a company gives its PPI, then you will be able to use it within its system. Things like gift cards, vouchers, coupons come in this system. RBI permission is not required for issuing such PPIs.

2. Semi-Closed System:

Apart from the issuing institution, such PPIs can be used in some other institutions as well. For example, if one organization has a contract with another, then you can use this instrument at both the places. But such PPIs can be issued by RBI approved banking institutions or authorized non-banking institutions only. Payment aggregators or payment gateways come in such PPIs.

3. Open System:

Debit and credit cards come in this system. These can only be issued by approved banks on behalf of RBI.

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During the last one year, many banks have expanded this facility and now the name of Canara Bank has also been added to this list. Now the customers of Canara Bank can also make payment through UPI (RuPay Card UPI Payment) from their RuPay card.

The bank gave this information in the statement

Canara Bank and National Payments Corporation of India (NPCI) issued a joint statement giving this information. It was said in the statement that now the customers of Canara Bank will be able to use their RuPay Credit Card on BHIM App and other UPI Apps. When Canara Bank customers link their RuPay Credit Card with a UPI ID, they will be able to make instant, secure payments.

Benefits to customers and shopkeepers

Now Canara Bank customers will be able to take advantage of increased opportunities by having the facility to use credit cards on UPI, while merchants will also benefit as they will be able to accept credit cards using features like QR codes, NPCI said. And will be able to become a part of the credit card ecosystem.

Started last year

Let us tell you that after the MPC meeting of June last year (RBI MPC Meet June 2022), the Reserve Bank had given the facility to link the credit card with UPI. Then the RBI had said that the facility to make credit card payments on the UPI platform would provide more options to the customers than before. Linking of credit card with UPI has been started with RuPay Credit Card.

Now the customers of these banks will benefit

However, not all banks have got the green signal from the Reserve Bank to use this feature. Although almost all banks, especially government banks, issue RuPay credit cards, but only a few banks’ customers can use their RuPay cards on the UPI platform. So far, the Reserve Bank had given its approval to Punjab National Bank, Union Bank of India and Indian Bank for this. Now Canara Bank has also got this facility.

Link credit card with UPI app like this (How to link RuPay Credit Card with UPI)…

• First open the UPI payment app.
• Click on profile picture.
• Go to the Payment Settings option.
• Select the Add Credit/Debit Card option.
• Enter Card Number, Valid Upto Date, CVV, Cardholder Name etc.
• After giving all the information, click on the save button.

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All banks have different limits, let ustell you that this limit is different for all bank customers. All bank customers including SBI, ICICI Bank and HDFC get different limits, through which you can transact money.

Let’s check which bank’s UPI Limit-
>> If you are an SBI customer, you can do a transaction of Rs 1 lakh through UPI in a day.
>> HDFC Bank customers can also do transactions up to Rs 1 lakh, but for new customers this limit is only Rs 5000.
>> ICICI Bank customers can do UPI transactions up to Rs 10,000, but for Google Pay users this limit is Rs 25,000.
>> Bank of Baroda customers can do transactions up to Rs 25,000.
>> Apart from this, Axis Bank customers can do transactions up to Rs 1 lakh.

RBI is making this plan, let us tell you that now RBI is making a new plan regarding UPI payment. The National Payment Corporation of India (NPCI) is preparing to limit the volume cap of the country’s Third Party App Providers (TPAP) to 30 percent. Talks are going on with the Reserve Bank of India in this regard. Only after the approval of RBI, companies like Phone Pay, Google Pay and Paytm will be able to fix its limit, due to which customers may have to face problems in the beginning. Although how much limit will be imposed on this, it is not yet decided.

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This Realtime payment system linkage between the two countries will start from Tuesday. The PM of both the countries will witness the commencement of this event. UPI from India and Pelau from Singapore have jointly worked on this scheme. Fast money transfer will be possible through this system and it will also be less expensive.

UPI payment between India and Singapore:

Let us tell you that many Indians live in Singapore, as well as relatives of many Indians are also settled in Singapore. The PM of both the countries will see its launch through a video conferencing on Tuesday. It will be launched by RBI Governor Shaktikanta Das from the Indian side and Ravi Menon, MD of the Monetary Authority of Singapore from the Singapore side.

Significantly, in the last few years, India is becoming a fast growing economy in terms of digital payments.

It is being told that this work is being done with the efforts of PM Narendra Modi and by following his guidelines, the digital payment infrastructure is being strengthened. It is India’s effort that the benefits of UPI payment should not be limited to India only. For this, a target has been set to extend its benefits to other countries. It is being said that apart from the students and laborers who have gone from India, the relatives of the people connected from all over India will get its benefit.

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In the speech of RBI Governor Shaktikanta Das, one special thing attracted attention and that was the announcement of vending machines for coins. Das told that his plan is to install coin vending machine based on QR Code (Quick Response Code). She is going to start a pilot project for this.

Coins will be supplied through ATM (QR Code based Coin Vending Machine)

Governor Shaktikanta Das told that the Reserve Bank of India will launch Coin Vending Machine or QCVM (Coin Vending Machine) working on the basis of QR Code. These machines will be installed in 12 cities as a pilot project first. Any customer from these machines will be able to withdraw the coin by scanning the QR code on it from his UPI app and it will be debited from his bank account.

The way you withdraw bank notes from ATM, you will be able to withdraw coins from it. With this, there will be more reach of coins in the market. Based on the success of this pilot project, RBI will then go ahead with the plan to distribute coins through these machines. Guidelines will also be issued to the banks regarding this.

Foreign travelers will also be able to make UPI payment

RBI Governor Shaktikanta Das said in another announcement that now UPI facility will be started for travelers coming from abroad in India. UPI facility for foreigners will start with the start of G20. However, this facility will be started only at selected airports.

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Now the Ministry of Finance has given relief information. The ministry said that the government is not considering levying any charge on the UPI payment service.

The Finance Ministry tweeted, “UPI is one such digital platform which is highly convenient for the public and has a major contribution to the economy. No charges are being considered for the UPI payment service. Other options will be considered for cost recovery for service providers.”

UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Govt to levy any charges for UPI services. The concerns of the service providers for cost recovery have to be met through other means. (1/2)

— Ministry of Finance (@FinMinIndia) August 21, 2022

What is UPI

Let us tell you that UPI is a real time payment system, which allows instant transfer of money from one bank account to another bank account. The special thing is that you can transfer money through UPI anytime, night or day.

How UPI System of Money Transfer Works Using the UPI facility is quite easy. For this, you have to download any UPI app like Paytm, PhonePe, Google Pay, BHIM etc. in your mobile. You can use this system by linking your bank account with the UPI app. Through UPI, you can link one bank account with multiple UPI apps. At the same time, multiple bank accounts can be operated through one UPI app.

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Not only this, NRIs ie Overseas Indians from these ten countries can also use UPI service for transactions without depending on their phone number in India.

The countries where this initiative is being launched include Singapore, USA, Australia, Canada, Hong Kong, Oman, Qatar, Saudi Arabia, UAE and United Kingdom. According to National Payments Corporation of India, accounts like NRE/NRO having international mobile number can do transactions using UPI. Payments Corporation has issued instructions to partner banks and given them time till April 30 to comply.

NRI and NRO account holders will be able to do transactions

An NRI account helps NRIs to transfer foreign earnings to India. Whereas, an NRO account helps them manage the income earned in India. However, a condition has also been kept for this and that is that the banks have to ensure that such accounts have to be permitted as per the rules of Foreign Exchange Management Act.

Also, the guidelines issued by the Reserve Bank of India in this regard will have to be followed and security against money laundering or terrorist financing will have to be followed.

UPI transactions worth 12 lakh crores happened in December

Let us tell you that a cabinet committee headed by Prime Minister Narendra Modi on Wednesday approved a total scheme of Rs 2600 crores to promote RuPay debit cards and low-value BHIM-UPI transactions. . According to officials, the larger UPI will be of great help to international students, families living abroad and local businesses.

Financial incentives will also be provided to banks under this scheme to promote transactions using RuPay and UPI. In this regard, Prime Minister Modi said in a tweet, India’s progress in digital payments will be further strengthened by the Cabinet’s decision to promote RuPay Debit Card and BHIM-UPI transactions.

There has been a huge jump in UPI transactions in just six years. UPI transactions worth over Rs 12 lakh crore happened in December last year.

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How easy has the UPI Payment System made the life of common people. Be it making payments to the vegetable vendor on the roadside or at the showroom of fashionable brands in the mall, UPI is well-liked everywhere. But do you know that the transaction limit (UPI Transaction Limit) is fixed on different UPI payment apps like Paytm , GPay and PhonePe . Know what is the limit on which app…

UPI payment limit

Bank 2 Bank real time transfer takes place in the UPI payment system . That’s why different banks have fixed different daily limits for this. According to the guidelines of the National Payment Corporation of India (NPCI) , a transaction of Rs 1 lakh can be done every day from UPI. Although some small banks have fixed its limit up to Rs 25,000.

Hourly limit on Paytm

Paytm app is very popular among people for UPI payment. The daily maximum limit of UPI payment on this app (UPI Daily Transfer Limit) is Rs 1 lakh only. At the same time, you can do maximum 20 UPI transactions with this app in a day. But the UPI payment limit on Paytm also varies according to the hour.

You cannot transfer more than Rs 20,000 on Paytm within 1 hour. At the same time, every hour you can do only a maximum of 5 UPI transactions with this app.

UPI payment on PhonePe, GPay

Apart from Paytm, apps like PhonePe and Google Pay are also popular among people for UPI payment. The daily transfer limit on these too is Rs 1 lakh. While GPay offers the facility of 10 transactions in a day, while on PhonePe this limit is up to 10 or 20 depending on the bank.

There is no hourly limit on both these apps. But one special thing is that if a person sends you a money request of more than Rs 2,000 on these apps, then these apps halt it.

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Now Paytm users can make payments to any third party through UPI. This facility will enable Paytm users to make superfast and seamless fund transfers to any mobile number. Especially on UPI registered mobile numbers which are not registered with Paytm.

As per the notification, Paytm Payments Bank has announced that Paytm app users will now be able to do UPI transactions on any mobile number across all UPI payment apps. Even if the person to whom the money is being sent does not use Paytm. With this, Paytm app users can send and receive money from any mobile number with a UPI ID registered in the instant payment app.

National Payments Corporation of India (NPCI) has enabled all payment service providers to access its universal database and make UPI payments interoperable. A spokesperson for Paytm Payments Bank said, “UPI will enable sending money on the app, encouraging wider adoption. We empower users with a robust infrastructure for seamless and secure payments. further strengthens our mission to promote inclusion.”

This is how you can send money to UPI apps

Step 1:In the ‘UPI Money Transfer’ section of the Paytm app, tap on ‘To UPI Apps’.

Step 2:Tap on ‘Enter mobile number of any UPI app’ and enter the mobile number of the recipient

Step 3:Enter the amount and tap ‘Pay Now’ for instant transfer of funds.

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RuPay Credit Card is operational for the last four years, and is linked to all major bank and is issuing incremental cards for both commercial and retail sectors. “During credit card on-boarding on the Apps, device binding and UPI PIN setting process shall be included as customer consent to enable the credit card for all types of transactions,” the circular issued on October 4 said. will be considered.’

The National Payments Corporation of India (NPCI) said in the circular that the existing process of the app to enable international transactions will be applicable to credit cards as well. It is noted that Nil Merchant Discount Rate (MDR) for this category will be applicable up to transaction amount less than and equal to Rs.2,000.

MDR is the cost paid by a merchant to a bank for accepting payments from its customers via credit or debit cards, whenever the card is used for payment in their stores. The merchant discount rate is expressed as a percentage of the transaction amount. It was informed that this circular is in force from the date of issue and members are requested to take note of the contents of this circular and bring it to the notice of the concerned stakeholders.

As per the circular, the UPI app will ensure complete transparency on the transactions made by the customer using the credit card through easily accessible transaction history and clearly visible user interface while making the payment.

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This move of the government can give a big boost to the UPI payment system in the country. There can be a big increase in the transactions done through UPI. Till now payment could be made only through credit card through means like internet banking and POS.

Three banks got approval Initially, only RuPay credit cards have been allowed to be linked with UPI by RBI. At present, only Punjab National Bank, Union Bank of India and Indian Bank have been approved by RBI i.e. the credit cards of these banks can be used for UPI payments at present.

UPI Lite launched

Along with this, ‘UPI Lite’ has been launched by NPCI. This will accelerate low value transactions. With the help of UPI Lite, users will be able to do low value transactions through offline mode. NPCI said that through ‘UPI Lite’, users will be able to easily transact faster than before. More than 50 percent of UPI transactions are less than Rs 2,000. This will also reduce the debit load on banks.

Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India, Union Bank of India and Utkarsh Small Finance Bank have been initially approved for UPI Lite.

UPI transactions According to the information given by NPCI, in August 2022, UPI had done 6.58 billion transactions. Its total value during this period was around Rs 10.73 lakh crore.

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Verify UPI ID before transacting

Before making any payment, verify the UPI ID twice. Similarly, whenever you are getting money, always share the correct UPI ID.

This will help you avoid wrong transactions and send money to someone else. You can send or receive as little as Rs 1 for confirmation.

Never share your UPI PIN with anyone

Never share your 6 or 4 digit UPI PIN with anyone. Scammers asking for your card/bank account details including PIN, OTP, Password etc., pretending to be a bank person. So make sure you never share this sensitive information with anyone.

Have proper security on your phone

Your screen must be locked before you can use all UPI, including Gpay and PhonePe. The lock screen reduces the chances of fraud in case the phone is stolen or misused. It is also suggested to change the lock screen password frequently.

Avoid using more than one UPI app

Using multiple UPI apps is of no use. Instead, it leads you to make a mistake. Hence, it is better to use the same UPI ID.

Do not click on unverified links

You may receive fraudulent links on your phone via SMS, WhatsApp or email. Avoid clicking on links that aren’t verified or seem phishy, ​​instead delete them.

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The Finance Ministry tweeted, “UPI is one such digital platform which is highly convenient for the public and has a major contribution to the economy. No charges are being considered for the UPI payment service. Other options will be considered for cost recovery for service providers.”

UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Govt to levy any charges for UPI services. The concerns of the service providers for cost recovery have to be met through other means. (1/2)

— Ministry of Finance (@FinMinIndia) August 21, 2022

What is UPI
Let us tell you that UPI is a real time payment system, which allows instant transfer of money from one bank account to another bank account. The special thing is that you can transfer money through UPI anytime, night or day.

How UPI System of Money Transfer Works Using the UPI facility is quite easy. For this, you have to download any UPI app like Paytm, PhonePe, Google Pay, BHIM etc. in your mobile. You can use this system by linking your bank account with the UPI app. Through UPI, you can link one bank account with multiple UPI apps. At the same time, multiple bank accounts can be operated through one UPI app.

The post Charges on UPI Payment: Finance Ministry issued a new order regarding UPI Charges, UPI service will be free, Check details Immediately first appeared on Rightsofemployees.com.

UPI, an instant payment system developed by the National Payment Corporation of India (NPCI), has become the most popular medium of online payment. On a daily basis, more than 20 crore transactions are done from it, whose value is in thousands of crores. UPI uses IMPS infrastructure and within seconds, money is transferred from one account to another. This means of payment is completely free, so it is also so popular. Did you know that there is a limit for UPI transactions as well?

BHIM UPI limit is Rs 1 lakh

As we know, with the help of UPI, transactions can be done 24 hours a day. According to the information available on the NPCI website, a maximum amount of Rs 2 lakh can be transacted through UPI at a time. If a user transfers with the help of BHIM UPI, then he can transfer a maximum of Rs 1 lakh in one transaction. According to the information available on the NPCI website, the limit for one day from a bank account is only Rs 1 lakh.

There are mainly three types of limits

NPCI has given the freedom to all the banks to decide its limit according to their convenience. This limit may be different for different banks. There are mainly three types of limit regarding UPI Payment. The first limit is the maximum transaction value in a day. The second limit is the maximum number of transactions in a single time and the third limit is the maximum number of transactions in a day.

Up to 10 fund transfers can be made

According to the information available on the HDFC Bank website, with the help of HDFC Bank UPI, a maximum of 10 fund transfers can be done in a day. The value of the total transaction cannot exceed Rs 1 lakh. For new users, the limit for the first 24 hours is Rs 5000.

Which bank has the limit?

State Bank of India customers can do a maximum transaction of Rs 1 lakh in a day with the help of UPI. Similarly, for Bank of Baroda this limit is Rs 1 lakh, for Punjab National Bank this limit is Rs 1 lakh, for Axis Bank Rs 1 lakh and for ICICI Bank also Rs 1 lakh. ICICI Bank customers can do a maximum of 10 transactions in 24 hours. For Google Pay users, the bank has fixed a limit of 25 thousand.

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Not only this, scanner facility has also become available in all the shops. In such a situation, have you ever thought that you go somewhere to buy something and suddenly your internet may deceive you, you may not even have enough cash to pay. In such a situation, today we will tell you some such tips and tricks, with the help of which you can send money to anyone through UPI without internet connectivity.

Make UPI payment without internet

In today’s youth, the trend of UPI based payment service like Google Pay, PhonePe, Paytm has increased a lot. People have started keeping UPI instead of wallet. However, it is very important to have internet to use these UPI best software. Sometimes there is no internet in many places, or the signal is weak. In such a situation, making online payment becomes difficult. But through a trick, you can make UPI payments through many platforms on smartphones without internet.

Make offline payment by dialing this number

First, you need to dial *99#, also known as USSD service. The USSD service is a service originally launched in India by the National Payments Corporation of India (NPCI) in November 2021 for all mobile users including non-smartphone users, before the launch of the UPI network in the country.

The post Google Pay, PhonePe, Paytm and UPI money transfer without internet, know step by step process first appeared on Rightsofemployees.com.