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New UPI feature allows users to authorise others to make transactions from their account
short by Ankush Verma / on Thursday, 8 August, 2024
Unified Payments Interface users will soon be able to authorise another individual to carry out UPI transactions using their bank account, RBI Governor Shaktikanta Das announced. Through this facility, a primary customer can authorise a secondary user to carry out transactions up to a specified limit. "This will further deepen the reach and usage of UPI digital payments," Das said.
read more at Moneycontrol