UPI transactions are now a common way of payment in India. Many people do not carry cash with them and instead use UPI apps like Google Pay, Amazon Pay, PhonePe, and Paytm to make payments. However, many people are not aware that there are limits on UPI transactions.
The general UPI transaction limit is ₹1 lakh per day. This means that no bank allows UPI payments of more than ₹1 lakh within 24 hours. At the same time, the amount of money you can transfer through UPI in a day also depends on which app you are using. Here are the UPI transaction limits for popular apps like Google Pay, Amazon Pay, and PhonePe.
Google Pay
- A user can send up to ₹1 lakh through Google Pay in a day.
- The app does not allow users to make more than 10 transactions in a day. This means that you can either make one transaction of ₹1 lakh or 10 transactions of different amounts.
PhonePe
- The payment limit for PhonePe is also ₹1 lakh per day.
- The app does not have a limit on the number of transactions in a day.
Paytm
- The Paytm payment app also allows payments of up to ₹1 lakh per day.
- Other than that, Paytm has no restrictions on UPI payments.
Amazon Pay
- Amazon Pay allows payments of up to ₹1 lakh through UPI.
- The app also allows 20 transactions in a day. However, new users can only make transactions of up to ₹5,000 within the first 24 hours.
Conclusion
It is important to be aware of the UPI transaction limits before making a payment. This will help you avoid any inconvenience or problems.
