Small value transactions News
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.
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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