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Limit for contactless card transaction to be raised: RBI guv

In order to expand the purview of digital payments and enhance security of transactions, the Reserve Bank of India (RBI) on Friday announced that limits for transactions contactless card transactions and e-mandates for recurring transactions through cards and UPI from Rs 2,000 to Rs 5,000 from January 1, 2021.



December 04, 2020 at 01:04PM

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