The new rules, issued by the National Payments Corporation of India (NPCI), will take effect on February 17, 2025.
Until now, WhatsApp Pay was restricted to a phased onboarding approach, with a cap of 100 million users.
UPI Lite is an instant payment system. Users can now transact up to ₹1,000 per payment, with a total wallet limit of ₹5,000.
UPI's popularity has led to varied limits across banks, depending on the type of transaction.
Your UPI PIN is required only to deduct money from your account, not to receive money.