Transaction limit increased to Rs 500 for small value digital payments in offline mode like UPI Lite

The Reserve Bank of India (RBI) has increased the upper limit of an offline payment transaction from Rs 200. The overall limit for offline transactions on a payment instrument, however, remains Rs 2,000 at all times.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.