In a landmark update, the National Payments Corporation of india (NPCI) has made a major change to the Unified Payments Interface (UPI) framework. Users can now withdraw more cash and make high-value payments directly through UPI, making it even more powerful as a wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital payment tool. Here’s everything you need to know about this big change.
🏧 1. UPI Cash Withdrawal Limit Raised to ₹10 Lakh
Previously, UPI cash withdrawals at ATMs were restricted to lower amounts. Now, NPCI has raised the limit to ₹10 lakh per transaction, allowing users to withdraw higher amounts safely and conveniently through UPI-enabled ATMs.
💰 2. Daily Transaction Cap Increased
Apart from withdrawals, the daily transaction limit for UPI payments has also been revised. This means users can now make higher-value purchases, bill payments, and fund transfers without worrying about hitting the old cap.
🏦 3. Big Boost for Businesses & High-Value Users
This change will benefit SMEs, traders, and professionals who rely on UPI for business transactions. It will also help people making big-ticket payments like medical bills, school fees, or property-related transfers.
🔐 4. Safety Measures in Place
NPCI has introduced enhanced security protocols such as two-factor authentication and real-time fraud detection to ensure that higher-value transactions remain secure. Users will continue to receive instant alerts for every transaction.
📲 5. How to Use the New Feature
Go to a UPI-enabled ATM
Select “UPI Cash Withdrawal”
Scan the QR code displayed on the ATM screen
Authorize the transaction using your UPI app PIN
Your cash will be dispensed instantly — no card required.
🚀 6. What This Means for India’s wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital Economy
This move takes india one step closer to becoming a cashless economy while still giving users access to cash when they need it. It strengthens UPI’s position as a universal payment platform for both small and large transactions.
✅ Bottom Line: With NPCI’s new limits, UPI is no longer just for small daily payments — it’s now ready for high-value, business, and emergency use cases, making wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital transactions more convenient than ever.
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The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.
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