Current Affairs - Finance - Discussion

Starting September 15, 2025, the National Payments Corporation of India (NPCI) revised the Unified Payments Interface (UPI) limits for specific high-value Person to Merchant (P2M) transactions made through verified merchants. The per-transaction cap has been raised to ₹5 lakh, while the daily cumulative limit has been increased to ₹10 lakh. This enhanced limit covers sectors such as capital markets, insurance, government tax payments, credit card settlements, EMI collections, and travel bookings. The decision aims to strengthen India’s digital payments ecosystem, making UPI more versatile for high-value financial activities while ensuring secure, real-time, and cashless transactions at scale.