If you use UPI to transfer money to another account, you have probably reached the limit set by your bank. Most banks will allow up to Rs 1 lakh of UPI transactions per day. If you are concerned about your UPI limit, you can switch phones every 24 hours to avoid exceeding it. If this doesn’t work, you can also contact your bank to get further clarification.
You have to select the bank account you want to pay with UPI. You can also use the mobile app to receive payments using UPI. Once you’ve chosen a bank, you’ll need to create an M-PIN and a PIN for UPI.
While UPI has made our lives easier in many ways, it can also cause problems if you reach your daily limit. Because there are a number of applications for UPI, you may end up exceeding your daily limit. You may receive an error message or be unable to send or receive money when you’ve reached your bank’s UPI payment limit.
If you are having a problem making payments with PhonePe, check your bank’s UPI payment limits. You may have reached the limit set by your bank or the bank itself. Luckily, there’s a way to increase the limit. To do this, you should go into the settings section of your phone and search for “date and time.” This will allow you to make payments again.