NPCI has introduced UPI Circle- Delegated Payments for secondary users.
Through the UPI Circle-Delegate Payments feature, a primary UPI user can establish a partial or full delegation link with their trusted secondary users via the UPI App.
Within the security parameters and procedures, a primary user can grant permission to a reliable secondary user to complete transactions.
When full delegation is used, the primary user gives permission to a secondary user to start and finish UPI transactions within predetermined spending limits.
When there is partial delegation, the primary user approves the start of payment requests from secondary users, and the primary user uses the UPI PIN to finish the UPI transaction.
Up to five secondary users can be delegated by a primary user. Only one primary user’s delegation can be accepted by a secondary user.
Members must ensure a maximum monthly limit of Rs 15,000 per delegation and a maximum per transaction limit of Rs 5000 in order to enable full delegation.
The current UPI restrictions will apply in the case of partial delegation.
Members shall ensure that, following the successful linking of primary and secondary users for both complete and partial delegation, a daily transaction limit of Rs 5000 is set during the cooling period (the first 24 hours).
Members must adhere to RBI regulations regarding “Harmonisation of Turn Around Time” and compensating customers for unsuccessful transactions through permitted payment methods.
