5 major changes to UPI in 2024

3 Jan,2024 Credit: Google Images

Deactivation of inactive UPI IDs:

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Increased UPI transaction limit:

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No authentication for UPI auto payments:

[{"selector":"#anim-e2b514dc-9178-4c52-a8ac-ebb1e079ed93","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a178c410-6774-4df6-ad07-1cbdff12cda4","keyframes":{"transform":["translate3d(0px, 393.96107%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-acf4bd83-a447-4afd-b0fc-f18a7a02633b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae5736a2-2cc8-414c-8b1a-92f1c98c8ee4","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57cb9e77-ebb6-4800-a724-315d32c47017","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6347c5b5-8ab4-40b8-b09f-6009363e3fdc","keyframes":{"transform":["translate3d(0px, 418.10043%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e37e4111-866b-405d-9c83-cff3243c1aa8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ee9f9d9-9a0d-4019-9171-664f761d5653","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] There is no authentication for UPI auto payments up to Rs 1 lakh. Credit: Google Images

Increased UPI Lite wallet transaction limit:

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Interchange fee on UPI merchant payments:

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