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The RBI released a framework for small value offline digital payments that don't require internet or telecom connectivity. Such payments can be carried out face-to-face using instruments like cards, wallets or mobile devices. Transactions are subject to a limit of ₹200 per transaction and an overall limit of ₹2,000 for all transactions until the balance in the account is replenished.
short by Pragya Swastik / 08:47 pm on 03 Jan
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