UPI transaction limit: It is common in our country to transfer money to someone through UPI payment apps. Its use has increased very rapidly. Among UPI apps, PhonePe, Google Pay, Paytm and Amazon Pay are being used the most.
Through these payment platforms, users can easily transfer money to another UPI ID or bank account, but this also has a limit. The good thing is that one does not have to pay any additional charge for making payment through these payment apps. But, sometimes payment is not made due to the limit being crossed. In such a situation, let us know what is the daily limit of Phone Pay, Gpay, Paytm and Amazon Pay…
How much payment through UPI in a day
According to NPCI guidelines, only a certain amount can be sent or received through UPI in a day. How much money can be transferred through UPI at one time depends on the bank and the app. Therefore, the daily transaction limit of each payment app is fixed separately.
Paytm daily transaction limit
According to NPCI guidelines, you can transact a maximum of Rs 1 lakh in a day through Paytm. Paytm has not imposed any restriction on the number of times a UPI transaction can be done.
Transaction limit on Google Pay
Google Pay has also set a limit of maximum 10 transactions for its users in a day. App users can do only 10 transactions in a day through this app. You can transfer up to Rs 1 lakh through this app in a day.
PhonePe
Phone Pay has also set a maximum limit of Rs 1 lakh per day for its users through UPI. A maximum of 10 or 20 transactions can be done in a day through this app. No limit has been set for transactions per hour.
Amazon Pay
Amazon Pay has also fixed the maximum limit of one day for UPI at Rs 1 lakh. The daily transaction limit on Amazon Pay has been kept at 20. New users can transact only Rs 5,000 in the first 24 hours.
