Google Pay, PhonePe, paytm, and other UPI payment apps might Soon impose a limit on their regular transactions. This means that one can only make a transaction for a certain amount from these UPI payment apps. As per a report by IANS, the National Payments Corporation of India (NPCI) has been operating the UPI digital pipeline and is currently in discussion with the Reserve Bank of India (RBI) to impose the limit. The organization aims to limit Player volume by up to 30% by the proposed deadline of December 31.
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