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NPCI limits number of UPI payments to 10 for personal bank transfers: Here's what it means

Updated : October 30, 2018 01:03 PM IST

The new changes came into effect on October 21, 2018. The NPCI said the new rule is  'to encourage genuine transactions' on the platform.
The amount of money that can be transferred using the UPI platform remains between Re 1 and Rs 1,00,000.  
The NPCI has limited the number of transactions only on the transactions in the person-to-person segment.
NPCI limits number of UPI payments to 10 for personal bank transfers: Here's what it means
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