Today’s era has become digital. That is, we are all living in the digital age. Like now it has become very easy to transfer money through UPI.
One can easily send money from one account to another by just scanning the QR code. For this many apps like Paytm, PhonePe and Google Pay etc. are available. Small to large amounts can be sent from one account to another through these apps. And that too to anyone and from anywhere.
Let us tell you that big information has come to the fore for the users of Paytm, PhonePe and Google Pay. Now the limit for transferring maximum money in a day has been fixed. That is, now you can send money from one account to another within a fixed limit through UPI. Let us know about this limit.
Now, anyone can use UPI to send up to Rs 1 lakh in a single day. By the way, the limit has been established on Paytm, PhonePe, and Google Pay because these services are used by users to send money using UPI.
That is, you are no longer able to send more money than the allowed amount. Speaking of another service, Amazon Pay, it is not possible to send more than 1 lakh rupees using UPI in a single day.
But the top limit has been set at Rs 5,000 for the first 24 hours after signing up for Amazon Pay. People that conduct transactions over UPI now need to become fully aware of this new guideline as soon as feasible, so that they never run across any issues.