UPI Circle: A New Era in Delegate Payments

The National Payments Corporation of India (NPCI) has launched the UPI Circle-Delegate Payments feature, allowing one UPI account to be used by multiple individuals.

This function lets primary users delegate payment rights to secondary users, who can handle transactions with specified limits. The primary user can choose between full or partial delegation, with transaction limits set at Rs 15,000 monthly and Rs 5,000 per transaction for full delegation. This aims to enhance financial inclusion and convenience.

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