UPI has changed the rules and a special limit will be implemented from July 31. There will be a limit of 50 balance checks per day. New rules will also come for auto payments.
Mumbai: Who keeps cash these days, everything is done on UPI, if you have such a relaxed attitude, then wait, this news is useful and important for you. The reason is that UPI has decided to change its rules.
Although these new rules will come into effect from August, you should change your habits today. Otherwise, you may be hit hard by these changed rules.
If you do everything via UPI, from checking balance to making payments to even making credit card payments, this news is important for you.
Special limits will be imposed for UPI from July 31. A limit will also be set on how many times you can check your balance in a day and a month.
This decision has been taken to avoid unnecessary load on the system and to make payments more convenient for general customers.
It is estimated that users will be able to check their balance approximately 50 times a day. Initial information has been received that the balance will not be able to be checked more than that. Some new rules will also be implemented regarding auto payments. NPCI has announced new regulations in this regard.
Authorization, debit processing, etc. will not happen during peak hours. They can be done at other times. If you do not read these changed rules, you can definitely lose money.