Kolkata: India is slowly becoming digital. And digital India is becoming the main goal of the Modi government every day. So the system of UPI transaction is being improved day by day. The emphasis is on the cashless economic side.
As the days go by, the trend of using UPI among common people is increasing, now people rely on UPI even for small payments. So now QR code online payment is arranged everywhere. But this time, a big change in this UPI transaction is going to come in the coming days.
UPI payment rules are changing from next week. Before the start of the new month, know what rules are changing in terms of UPI payments. Paytm, Google Pay or Phone Pay – Whatever you use, all the apps are changing some features.
Let’s find out what the rules are changing:
1. There is a certain limit in checking how much your balance is. From now on you can see the balance maximum 50 times a day.
2. There are also specific time slots for auto po transactions.
3. Your transaction status is also limited to viewing. It will be seen only three times. And every time there is a gap of at least one and a half minutes and 90 seconds for checking.
4. There is also a limit in checking the bank account associated with your mobile number. Maximum 25 times a day.
More than 600 crore UPI transactions are done in our country. And the special reason for changing this rule is that there are various complaints about digital transactions in April and May. Since then the whole matter has been investigated. The ‘National Payments Corporation of India’ i.e. NPCI has discovered that the root cause of such problems is repeated checking of the balance of users. Or the payment status is repeatedly refreshed. And that’s why some rules have been changed.