UPI Transaction Limit: Users should verify the predefined limit for GPay, PhonePe, and Paytm UPI transactions

 UPI Transaction Limit: Users should verify the predefined limit for GPay, PhonePe, and Paytm UPI transactions

UPI Transaction Limit: Users should verify the predefined limit for GPay, PhonePe, and Paytm UPI transactions

UPI transaction limit: Using UPI payment applications to send money to someone is rather prevalent in our nation. Its application has grown exponentially. The most popular UPI applications are Paytm, Amazon Pay, Google Pay, PhonePe, and Paytm.

Users may quickly transfer money to another UPI ID or bank account using these payment services, although there is a restriction to this feature. The benefit is that using these payment applications to make payments is free of extra fees. But sometimes the limit is exceeded, which prevents payment from being made. Tell us the daily limit for Phone Pay, Gpay, Paytm, and Amazon Pay in such a case.

How much money is paid with UPI in a day?

A fixed amount may only be transferred or received via UPI in a given day, per NPCI standards. The bank and the app choose how much may be exchanged using UPI at once. As a result, each payment app has a set daily transaction limit.

Daily transaction limit on Paytm

You may use Paytm to trade up to Rs 1 lakh each day, per NPCI standards. The maximum number of times a UPI transaction may be completed is not limited by Paytm.

Google Pay transaction limit

Additionally, Google Pay has limited its customers' daily transactions to a maximum of ten. There is a daily limit of 10 transactions that users may do on this app. With this software, you may transfer up to Rs 1 lakh in a single day.

PhonePe

Additionally, Phone Pay has imposed a daily maximum restriction of Rs 1 lakh for its UPI customers. With this software, transactions may be completed up to 10 or 20 times every day. The number of transactions per hour is unrestricted.

Pay with Amazon

Additionally, Amazon Pay has set a daily maximum restriction of Rs 1 lakh for UPI. Amazon Pay has maintained a daily transaction restriction of 20. Within the first 24 hours, only Rs 5,000 may be transacted by new users.