UPI rules update on August 1: New limits, autopay timings and all you need to know
In short, yes. Whether you use UPI once a day or 20 times, the new limits apply to all users across all platforms. However, if you don't constantly refresh your payment status or check your balance multiple times, you're unlikely to notice much difference. These updates are mainly aimed at heavy users who unknowingly overload the system with repeated requests.What is the maximum UPI payment allowed after the update?Interestingly, there's no change to the current UPI payment cap itself. The transaction limits remain the same — up to Rs 1 lakh per transaction for most cases, and up to Rs 5 lakh for certain categories like healthcare or education. The August 1 update does not touch these limits.FAQs:Is any action required from users for these new rules?No immediate action is needed on your part. The changes will be rolled out automatically through your UPI apps. Just be aware of the new limits so you don't run into unnecessary transaction blocks during the day.Do these changes affect merchant payments and billers?Yes, but only to the extent that auto pay timings may now follow new fixed slots. Businesses relying on automated UPI collections might need to align with the new timings, but for most users — whether you're paying for your mobile recharge or a subscription — things will continue to work as usual.- Ends
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