Summary: The Reserve Bank of India (RBI) has introduced an automatic wallet reload feature for the UPI Lite wallet under the e-mandate framework, aimed at enhancing user convenience and streamlining the digital payment process. This new feature allows users to set a threshold balance for their UPI Lite wallet, automatically topping it up from their linked bank account when the balance falls below the set level. The UPI Lite wallet, which currently permits loads up to ₹2000 and payments up to ₹500 per transaction, will benefit from this feature by…
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Spotify Announces Global Workforce Reduction and Upcoming CFO Transition
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Read MoreAMDs largest design centre in India proves global firms confidence in us IT Minister
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Read MoreGoogle Drive Users Experience Missing Files Company Initiates Investigation
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