UPI Transaction Limits & Charges 2024 – Everything you need to know

In 2024, the Unified Payments Interface (UPI) continues to be a cornerstone of digital payments in India, offering seamless and real-time transactions. The transaction limits and charges for UPI transaction have been set to ensure both accessibility and security for users. The increase in the use of UPI has been mainly due to the ease of the payment system and liberal guidelines. While the use of UPI has been skyrocketing, many are still confused about the upi charges, the limit applicable on UPI transactions, and other guidelines by RBI and NPCI applicable to this payment service. So, this article will talk about upi transaction charges, limits applicable on the transaction, upi merchant charges, rbi guidelines for upi transaction charges, and more.