What is UPI Lite, why did RBI increase its limit; who will get the benefit?

UPI Lite allows users to store money directly on their device just like you carry money in your pocket. Users can now keep a balance of up to Rs 5000 in UPI Lite wallet. This limit was earlier only Rs 2000. RBI has increased the payment limit on UPI123Pay to Rs 10 thousand which was … Continue reading What is UPI Lite, why did RBI increase its limit; who will get the benefit?