Question

What is the current status of the volume cap for Third-party application providers (TPAPs) in the UPI digital pipeline, as managed by the National Payments Corporation of India (NPCI)?

A The volume cap is set at 30%. Correct Answer Incorrect Answer
B The volume cap is set at 20%. Correct Answer Incorrect Answer
C The volume cap is set at 40%. Correct Answer Incorrect Answer
D The volume cap is set at 50%. Correct Answer Incorrect Answer
E There is currently no volume cap. Correct Answer Incorrect Answer

Solution

National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, has extended the deadline for limiting volume cap to 30% for Third-party application providers (TPAPs) in UPI by two years till December 31, 2024. TPAPs are third-party app providers. At present, there is no volume cap.

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