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.
NPCI plans to meet with representatives from fintech firms like CRED, Flipkart, Fampay, Amazon etc.