NPCI Sets Daily UPI Transaction Limit On All UPI Apps

The National Payments Corporation of India (NPCI) has set transaction limits on all UPI apps including Paytm, PhonePe, Google Pay & Amazon Pay.

In India, one of the most popular methods of daily payment is the Unified Payments Interface (UPI). 

The convenience of not having to carry cash or a wallet has been greatly diminished by the availability of the digital payment option practically everywhere. 

The service’s widespread adoption has been aided by the simplicity with which it can be used directly from a smartphone. 

Additionally, the ability to use the service through a variety of apps, including –

• Google Pay,
• PhonePe,
• Paytm,
• Amazon Pay, and others,

They have made it easier for small vendors as well as business owners to accept payments. But did you know that there is a limit to the amount you can transact with UPI?

UPI Limits Set By NPCI

A user can only transact up to ₹ 1 lakh using UPI in a single day, according to National Payments Corporation of India (NPCI). 

In addition, the amount you can send over UPI in a day can vary according to your bank and the app you use. 

It’s important to note that no bank permits additional UPI payments totaling more than ₹ 1 lakh in a 24-hour period. 

Here is a list of major apps with a UPI transaction limitation, such as Google Pay, PhonePe, Amazon Pay, and Paytm.

1. Paytm UPI Limit

Paytm only permits payments of up to Rs 1 lakh per day, in compliance with NPCI. Additionally, users of the payments app are limited to 20 transactions per day and 5 payments per hour. The users of the Paytm app are also restricted from sending via UPI more than Rs 20,000 every hour.

2. PhonePe UPI Limit

PhonePe does not impose a 10 transaction cap per day but has  a daily payment cap of Rs. 1 lakh. Moreover, unlike Paytm, there is no hourly restriction.

3. Google Pay UPI Limit

Users of Google Pay or GPay are not permitted to send using UPI more than Rs 1 lakh in a single day. Plus, the app limits users to a maximum of 10 transactions each day.

4. Amazon Pay UPI Limit

Amazon Pay supports UPI payments up to Rs 1 lakh only. The app only permits new users to transact up to Rs 5,000 in the first 24 hours and only allows 20 transactions per day.