Major Updates In UPI Transactions From 1st January 2024 !

UPI ATMs to be introduced across India. Will allow cash withdrawal by scanning QR code

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RBI raised the daily UPI Limit to 1 lakh & up to 5 lakh for hospitals & schools.

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UPI IDs not used in over 12 months will be Deacitivated.

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4 Hour time for payment over 2,000 to new recipients. User can soon go live with the tap to pay functionality.

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