National Payments Corporation of India launched a new feature “UPI Circle”.
A new feature, “UPI Circle,” has been launched by the National Payments Corporation of India to enhance digital payment accessibility.
Under this, primary users can now delegate payment authorisation to secondary users, such as family members or employees, who can then perform transactions directly from the primary user’s account.
It will be beneficial for parents providing allowances to children, and senior citizens who are cautious about conducting digital transactions.
This feature came with many layers of intervention and security measures.
NPCI has set the maximum monthly limit at ₹ 15,000, where a single transaction cannot exceed ₹ 5,000.
The primary user can monitor the activity of the secondary users on the app.
