In a significant move to promote small-value digital payments, the Reserve Bank of India (RBI) has revised the framework for facilitating offline payments under UPI Lite. Through Notification no. RBI/2024-25/93, dated December 4, 2024, the RBI has announced an increase in transaction limits, making
RBI Enhances Limits for UPI Lite Transactions in Offline Mode
Last updated: 05 December 2024
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