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UPI Transaction Limit Changing From Sept 16; Check Eligibility And New Transaction Limit For Various Payments | Personal Finance News

UPI Transaction Limit: The National Payments Corporation of India (NPCI) has increased the transaction limit for tax payments using UPI to help millions of taxpayers in the country. Now, individuals will be able to use the Unified Payments Interface (UPI) to pay taxes up to Rs 5 lakh per transaction from tomorrow Sept 16.  Alignment […]
ABHISEK RAJPUT
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New Credit Card Rules On UPI For RuPay Users, Effective From September 1; Check Benefits | Personal Finance News

New Credit Card Rules On UPI: The National Payments Corporation of India (NPCI) has directed all banks issuing RuPay credit cards to make an upgrade in the rewards points, features, and benefits on UPI transactions.  Notably, RuPay credit cardholders will experience an upgrade from today September 1. However, the decision will aim to standardise the […]
ABHISEK RAJPUT
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UPI Processed Rs 81 Lakh Cr Worth Transactions In April-July, Up 37 Per Cent YoY | Economy News

New Delhi: Surpassing the world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year). According to latest data by global payments hub Paysecure, UPI processed 3,729.1 transactions per second — a 58 per […]
ABHISEK RAJPUT
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Private US Banks Can Embrace India’s UPI For Faster Digital Payments, Says Fed Reserve Governor | Personal Finance News

Mumbai: As the Unified Payments Interface (UPI) goes global, the US private banks might explore connecting with India’s unique digital payments solution, Federal Reserve Governor Christopher Waller said here on Wednesday, adding that cross-border payment interlinking is one of the key areas outlined in the G20 roadmap.  Speaking at the ‘Global Fintech Fest’ in the […]
ABHISEK RAJPUT
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All About Unified Lending Interface That RBI Is Planning To Launch –Will It Be Similar To UPI? | Personal Finance News

New Delhi: The Reserve Bank has announced that it will launch Unified Lending Interface (ULI), a platform to ensure a smooth credit flow, particularly for smaller and rural borrowers. According to RBI Governor Shaktikanta Das, the ULI will revolutionize the financing landscape in India. The ULI is anticipated to be launched nationally in due course. […]
ABHISEK RAJPUT
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UPI Booster: Withdraw Money Instantly, Up To Rs 1 Lakh On The Same Day, From Stock Market On INDmoney | Personal Finance News

Mumbai: Money management startup INDmoney on Thursday announced UPI-based instant withdrawals for investors from their stock trading accounts on its platform.  The feature enables users to withdraw their funds into their savings accounts instantly, even if they are trading on the same day, addressing a key problem for stock investors while boosting liquidity by ensuring […]
ABHISEK RAJPUT
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