Now there is no need to go to the bank for financial business. Transactions can be done online. Almost everyone is using UPI for this. If you want to pay through UPI, there is information that you need to keep in mind. Google Pay, PhonePe, Paytm have fixed daily transaction limits: details.
All companies like Google Pay, Phone Pay, Amazon Pay, Paytm have fixed daily transaction limits. This will affect crores of UPI users in the country. NPCI has issued a notification in this regard and given information.
How many transactions can be done daily through UPI?
As per National Payments Corporation guidelines, now only up to Rs.1,00,000 per day can be transacted through UPI. Some smaller banks have set this limit up toRs. 25,000. If so, let’s see how many transactions can be done daily through which app.
What is Amazon Pay limit?
A maximum of Rs.1,00,000 can be transacted through amazon Pay UPI. After registering with Amazon Pay UPI, users can only transact up to Rs.5000 in the first 24 hours. Then 20 transactions per day can be done based on bank limit.
What is Paytm limit? :
Paytm UPI has also set a limit of up to Rs.1,00,000 for users. Along with this, there is also a limit on how much money can be transferred per hour. Paytm said that only Rs.20,000 per hour can be transacted through Paytm UPI. Also only 5 transactions can be done per hour. Only 20 transactions can be done in a day.
What is the limit of PhonePe? :
Rs.1,00,000 on PhonePe. Transactions can be made up to Here a person can make maximum 10 or 20 transactions per day through PhonePe UPI. It also depends on the bank’s guidelines.
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Google Pay can only do 10 transactions:
Google Pay or GPay has set a limit of 10 transactions per day. That means only 10 transactions per day can be done through Google Pay. But transactions up to one lakh rupees per day can be done.
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