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Small value transactions News

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UPI Vs UPI Lite Features: NPCI under the guidance of the Reserve Bank of India (RBI) rolled out UPI Lite in September 2022, an enhanced version of UPI, which allows several low-volume transactions to be performed without entering a UPI pin.
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E-commerce major Snapdeal has sought a staggered approach for ushering in single-factor authentication regime for small value transactions, starting initially with a cap of Rs 3,000.






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