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UPI 123 Pay: RBI extends transaction limits- Here are key changes

Business Standard LogoBusiness Standard7h ago

UPI 123 Pay: RBI extends transaction limits- Here are key changes - Business Standard

Quick Summary:

UPI 123Pay facilitates digital payments on feature phones, enabling users to access UPI services without an internet connection.

The updated limits aim to foster further innovation and encourage broader adoption of UPI-based solutions.

A new purpose code (86) is introduced for UPI 123Pay transactions.

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UPI 123 Pay: RBI extends transaction limits- Here are key changes - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 17:54:07 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23736714

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 304 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "UPI 123 Pay: RBI extends transaction limits- Here are key changes" has 291 words across 17 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "UPI 123 Pay: RBI extends transaction limits- Here are key changes" was covered 7 hours ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 304 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #23736714
  • URL: https://beamstart.com/news/upi-123-pay-rbi-extends-17321920277376

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