UPI transaction limit: This is how much one can spend using Gpay, PhonePe and Paytm

By Lokmat English Desk | Published: December 9, 2022 04:24 PM2022-12-09T16:24:36+5:302022-12-09T16:24:36+5:30

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UPI payment system has made life easier for common man. Be it paying at a roadside vegetable vendor or at a fashionable brand's showroom in a mall, UPI payments are now made instantly everywhere. But did you know that like Paytm, GPay and PhonePe.

UPI payment system allows bank to bank real time transfer. So different banks have fixed different daily limit for this. Paytm, GPay and PhonePe are widely used now after Corona. So now for those who pay online, this month

As per National Payments Corporation of India guidelines, you can now transact up to Rs 1 lakh per day through UPI. At the same time, some small banks have fixed this limit up to 25 thousand.

Paytm App is very popular among people for UPI payment. UPI Daily Transfer Limit (UPI Daily Transfer Limit) on this App is Rs 1 Lakh only. At the same time, you can make maximum 20 UPI transactions in a day through this App.

UPI payment limit on Paytm also varies hourly. According to media reports, you cannot transfer more than Rs 20,000 to Paytm in an hour. At the same time, every hour you can do maximum 5 UPI transactions through this App.

Apart from Paytm, apps like PhonePe and Google Pay are also popular among people for UPI payments. The daily transfer limit on this is Rs 1 lakh. GPay facilitates 10 transactions in a day, while on PhonePe the limit is 10 or 20 depending on the bank.

There is no hourly limit on both PhonePe and Google Pay App. But a special thing is that these apps halt if a person sends you a request of more than 2,000 rupees. A Hindi website has reported about this.