Question
The daily aggregate limit for Person-to-Merchant (P2M)
transactions under UPI has been raised to:Solution
The National Payments Corporation of India (NPCI) increased the daily aggregate limit for P2M transactions to ₹10 lakh in categories such as insurance, capital markets, travel, collections, and GeM. This supports higher-value transactions compared with earlier limits, thus making UPI usable for larger financial activities.
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