UPI (Unified Payments Interface) is a popular payment method in India that allows you to transfer funds between bank accounts instantly. Here are the steps to use UPI to pay bills: Note: To use UPI for bill payments, your bank account must be linked to your UPI ID, and the biller must be registered with… Continue reading How to Use UPI to Pay Bills?
Union Bank and SBI faced highest UPI transaction failures in December
Union Bank and State Bank of India or SBI, as indicated by National Payments Corporation of India (NPCI), are among the leading issuer banks faced with a surging failure in UPI transactions in December. According to the information, the highest technical decline in December was recorded by Union Bank of India at 10.75% followed by… Continue reading Union Bank and SBI faced highest UPI transaction failures in December
How Can I increase my UPI transaction limit in ICICI?
For all ICICI Bank accounts, UPI’s account limits will be decided as per the bank’s policy. ICICI Bank, at its discretion, may change the transaction limits for UPI under the National Payments Corporation of India (NPCI) upper limits as per the bank’s policy. The upper limit mandated by NPCI is Rs 1 lakh per transaction and Rs 1 lakh cumulative transaction value for peer-to-peer and 2 lakhs for merchant transactions overall. In short,… Continue reading How Can I increase my UPI transaction limit in ICICI?