UPI Transaction From PhonePe, GPay, Amazon Pay or Paytm, Know Daily Limit
UPI Transaction : PhonePe, Gpay or Google Pay, Amazon Pay and Paytm are currently the most used Unified Payment Interface or UPI apps in India. Using these payment platforms, users can transfer money to another’s UPI ID or bank account, but this also has a limit.
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However, there is no need to pay any additional charge for paying any of these payment apps. But, many times due to the limit being crossed, you are not able to make the payment. Here you are being told about the daily limit of PhonePe, Gpay, Amazon Pay and Paytm.
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UPI Transaction : Paytm
Through Paytm UPI, you can transfer Rs 1 lakh in a day. However, there is also a limit set for one hour. You can transfer up to 20 thousand rupees in 1 hour. You can do maximum 5 transactions in an hour or 20 transactions in a day.
UPI Transaction : PhonePe
PhonePe users can also transfer Rs 1 lakh in a day. But, there are other factors as well with PhonePe. That is, the limit depends on the account you have in any account. Different banks have different limits.
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Google Pay
With Google Pay or Gpay, Indian users can pay up to 1 lakh through UPI in a day. However, you can do only 10 transactions in a day. That is, you can complete 10 transactions of maximum 10-10 thousand in a day.
Amazon Pay
Amazon Pay has also put a cap on the UPI transfer limit. Users cannot transfer more than Rs 1 lakh in a day. However, new users can transfer only Rs 5,000 from the account within 24 hours of registration.